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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Pembroke Pines at 13105 SW 16th Ct APT 308L, Pembroke Pines, FL, 33027 offers a 15.88% rental yield on a $219,000 purchase with $2,898/mo rent. Total monthly income registers $2,898/mo, and a $1,072/mo payment leaves $737/mo available for distribution. Annual cash flow reaches $8,840/yr on $72,599 to close, and return on cash invested stands at 32.09% in year one. Equity gained on principal adds $1,413/yr while 5% annual appreciation supports $60,506 over five years. Portfolio math shows five-year ROI at 172.97% and total cumulative return in cash at $125,577. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,898/mo property income against a $1,072/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1993
N/A lot
$N/A/sqft
$473 monthly HOA
Neighborhood data shown for ZIP Code: 33027, Hollywood, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,401 (100%) |
| Owner Occupied HU | 18,626 (73.3%) |
| Renter Occupied HU | 5,765 (22.7%) |
| Vacant Housing Units | 1,010 ( 4.0%) |
| Median Home Value | $520,520 |
| Average Home Value | $539,897 |
Residential
24,250
Single Family
15,105
Multi-Family
9,145
Businesses
1,170
Date | Event | Price |
|---|---|---|
| 2024-08-06 | Price change | $219,000 |
| 2024-06-24 | Price change | $227,000 |
| 2024-06-11 | Listed for sale | $235,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $4768.44 | 403.90% | $228,840 | 242.68% |
| 2022-08-31 | $946.31 | 4.02% | $66,780 | 2.99% |
| 2021-08-31 | $909.77 | 0.31% | $64,840 | 1.39% |
Listed by: Nancy Levros • First Home Realty and Inv.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11605511
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
