13120 SW 29th StMiramarFL33027
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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
Investment property for sale in Miramar at 13120 SW 29th St, Miramar, FL, 33027 offers a 13.98% rental yield on a $699,000 purchase with $8,142/mo rent. Total monthly income registers $8,142/mo, and a $3,421/mo payment leaves $3,344/mo available for distribution. Annual cash flow reaches $40,123/yr on $229,971 to close, and return on cash invested stands at 37.51% in year one. Equity gained on principal adds $4,511/yr while 5% annual appreciation supports $193,121 over five years. Portfolio math shows five-year ROI at 198.07% and total cumulative return in cash at $455,510. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $8,142/mo property income against a $3,421/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
6,024 sqft lot
$N/A/sqft
$160 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 33027, Hollywood, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
24,250
Single Family
15,105
Multi-Family
9,145
Businesses
1,170
Price History
Date | Event | Price |
|---|---|---|
| 2024-08-16 | Price change | $699,000 |
| 2024-08-02 | Listed for sale | $749,999 |
| 2002-08-26 | Sold | $287,600 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $6127.51 | 6.91% | $313,700 | 3.00% |
| 2022-08-31 | $5731.28 | 1.61% | $304,570 | 3.00% |
| 2021-08-31 | $5640.71 | 1.12% | $295,700 | 1.40% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2002
- Architectural Style: N/A
- Building Area: 2,864
- Living Area: 2,326 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central
- Cooling: Ceiling Fan(s), Central Air
- Flooring: Carpet, Ceramic Tile
- Interior Features: Closet Cabinetry, Entrance Foyer, Pantry, Roman Tub, Walk-In Closet(s)
- Exterior Features: Lighting
- Parking Features: Covered, Driveway, Paver Block, No Rv/Boats, No Trucks/Trailers, Automatic Garage Door Opener
Location
HOA & Fees
- HOA Fee: $160 monthly
- Association Fee: $160 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Municipal Water
- Road Surface Type: N/A
School Information
- Elementary School: Coconut Palm
- Middle School: New Renaissance
- High School: Everglades
Listed by: Marta Yecora • Guardian Real Estate Co.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11634545
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.