131 NW 187th AvePembroke PinesFL33029
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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 131 NW 187th Ave, Pembroke Pines, FL, 33029 generates $5,185/mo in rent, after a $3,862/mo payment. Total monthly income is $5,185/mo. Return on cash invested sits at 19.82% in year one, and rental yield is 7.89% on a $789,000 entry. Equity gained on principal adds $5,091/yr, while 5% annual appreciation builds toward $217,986 over five years. Five-year ROI reaches 102.94% and total cumulative return in cash sums $267,202. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,185/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
6,298 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33029, Hollywood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,383 (100%) |
| Owner Occupied HU | 12,840 (89.3%) |
| Renter Occupied HU | 1,365 ( 9.5%) |
| Vacant Housing Units | 178 ( 1.2%) |
| Median Home Value | $622,938 |
| Average Home Value | $637,155 |
Housing Distribution
Address Breakdown
Residential
14,552
Single Family
13,880
Multi-Family
672
Businesses
575
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Listed by: Amy L Clancy • LoKation
Mls Name: BeachesMLS
Mls ID: #F10546359