11970 NW 11th St #11970Pembroke PinesFL33026
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Pembroke Pines at 11970 NW 11th St #11970, Pembroke Pines, FL, 33026 generates $3,216/mo in rent and, after a $1,708/mo payment, leaves $900/mo in cash flow. Total monthly income is $3,216/mo, and annual cash flow is $10,802/yr on $115,694 invested. Return on cash invested sits at 29.25% in year one, and rental yield is 11.06% on a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 153.53% and total cumulative return in cash sums $177,624. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,216/mo property income rather than buyer’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33026, Hollywood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,992 (100%) |
| Owner Occupied HU | 9,598 (80.0%) |
| Renter Occupied HU | 2,163 (18.0%) |
| Vacant Housing Units | 231 ( 1.9%) |
| Median Home Value | $484,562 |
| Average Home Value | $522,564 |
Housing Distribution
Address Breakdown
Residential
11,871
Single Family
8,463
Multi-Family
3,408
Businesses
911
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Listed by: Tammy Stern • Synergy Realty of South Fl Inc
Mls Name: BeachesMLS
Mls ID: #F10546279