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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 1600 NW 113th Way, Pembroke Pines, FL, 33026 offers a 8.93% rental yield on a $469,000 purchase with $3,490/mo rent. Total monthly income registers $3,490/mo, and a $2,296/mo payment leaves $167/mo available for distribution. Annual cash flow reaches $2,006/yr on $155,474 to close, and return on cash invested stands at 21.2% in year one. Equity gained on principal adds $3,026/yr while 5% annual appreciation supports $129,576 over five years. Portfolio math shows five-year ROI at 110.96% and total cumulative return in cash at $172,507. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,490/mo property income against a $2,296/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1980
N/A lot
$N/A/sqft
$210 monthly HOA
Neighborhood data shown for ZIP Code: 33026, Hollywood, FL area.
| 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 |
Residential
11,871
Single Family
8,463
Multi-Family
3,408
Businesses
911
Date | Event | Price |
|---|---|---|
| 2024-12-13 | Price change | $469,000 |
| 2024-11-18 | Listed for sale | $489,000 |
| 2014-12-15 | Sold | $202,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-25 | $3128.96 | 6.57% | $188,770 | 3.00% |
| 2022-12-25 | $2935.98 | 2.80% | $183,280 | 3.00% |
| 2021-12-25 | $2855.91 | 1.22% | $177,950 | 1.40% |
Listed by: John Lucka PA • RE/MAX Select Group
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11695807
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.
