12618 NW 23rd StPembroke PinesFL33028
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 12618 NW 23rd St, Pembroke Pines, FL, 33028 in Pembroke Pines speaks for itself: 10.56% gross on a $1,000,000 price, generating $8,797/mo in rent and $1,798/mo in net income after the $4,497/mo debt service. DSCR 1.96, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $21,576 stacks alongside $276,282 in projected five-year appreciation and $9,210/yr in principal reduction. Projected total cumulative return: $498,402.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.2% |
| Monthly Cash Flow | $1,798 | $300 |
City averages based on Pembroke Pines market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $8,797 |
| Total Monthly Debt Service | $6,601 |
| DSCR Ratio | 1.33x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1998
10,621 sqft lot
$N/A/sqft
$363 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33028, Hollywood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,131 (100%) |
| Owner Occupied HU | 6,883 (75.4%) |
| Renter Occupied HU | 2,110 (23.1%) |
| Vacant Housing Units | 138 ( 1.5%) |
| Median Home Value | $579,785 |
| Average Home Value | $592,598 |
Housing Distribution
Address Breakdown
Residential
9,187
Single Family
8,289
Multi-Family
898
Businesses
260
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1998
10,621 sqft lot
$N/A/sqft
$363 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33028, Hollywood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,131 (100%) |
| Owner Occupied HU | 6,883 (75.4%) |
| Renter Occupied HU | 2,110 (23.1%) |
| Vacant Housing Units | 138 ( 1.5%) |
| Median Home Value | $579,785 |
| Average Home Value | $592,598 |
Housing Distribution
Address Breakdown
Residential
9,187
Single Family
8,289
Multi-Family
898
Businesses
260
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices