15862 SW 24th 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 15862 SW 24th St, Miramar, FL, 33027 offers a 9.64% rental yield on a $949,990 purchase with $7,628/mo rent. Total monthly income registers $7,628/mo, and a $4,650/mo payment leaves $1,103/mo available for distribution. Annual cash flow reaches $13,241/yr on $312,547 to close, and return on cash invested stands at 24.3% in year one. Equity gained on principal adds $6,130/yr while 5% annual appreciation supports $262,465 over five years. Portfolio math shows five-year ROI at 127.23% and total cumulative return in cash at $397,666. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,628/mo property income against a $4,650/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
6,548 sqft lot
$N/A/sqft
$220 monthly HOA
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
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Listed by: Sandra Rathe • Keller Williams Legacy
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11795544
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.