1400 Saint Charles Pl APT 612Pembroke 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
Investment property for sale in Pembroke Pines at 1400 Saint Charles Pl APT 612, Pembroke Pines, FL, 33026 uses $89,174 cash to close to unlock $7,902/yr annual cash flow and $658/mo monthly cash flow. Total monthly income runs $2,444/mo, and a $1,317/mo payment keeps the spread at $658/mo. Purchase price stands at $269,000, and rental yield measures 10.9% with $2,444/mo rent. Return on cash invested shows 28.77% in year one, and 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 150.99% and total cumulative return in cash records $134,639. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,444/mo property income covering a $1,317/mo payment rather than investor’s personal income.
Condo
Built in 1975
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: Roselba Tenorio De Carreno • Avanti Way Realty LLC
Mls Name: MIAMI
Mls ID: #A11918288