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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 1424 NW 97th Ter #280, Pembroke Pines, FL, 33024 uses $119,307 cash to close to unlock $13,262/yr annual cash flow and $1,105/mo monthly cash flow. Total monthly income runs $3,494/mo, and a $1,762/mo payment keeps the spread at $1,105/mo. Purchase price stands at $359,900, and rental yield measures 11.65% with $3,494/mo rent. Return on cash invested shows 31.02% in year one, and 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 163.06% and total cumulative return in cash records $194,546. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,494/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Townhouse
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33024, Hollywood, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,617 (100%) |
| Owner Occupied HU | 17,437 (65.5%) |
| Renter Occupied HU | 8,542 (32.1%) |
| Vacant Housing Units | 638 ( 2.4%) |
| Median Home Value | $431,114 |
| Average Home Value | $496,524 |
Residential
25,698
Single Family
21,518
Multi-Family
4,180
Businesses
1,921
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Karen Sneed • Coldwell Banker Realty
Mls Name: BeachesMLS
Mls ID: #F10531369
