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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 1601 SW 128th Ter APT 311A, Pembroke Pines, FL, 33027 uses $92,820 cash to close to unlock $2,631/yr annual cash flow and $219/mo monthly cash flow. Total monthly income runs $2,898/mo, and a $1,370/mo payment keeps the spread at $219/mo. Purchase price stands at $280,000, and rental yield measures 12.42% with $2,898/mo rent. Return on cash invested shows 22.74% in year one, and 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 122.5% and total cumulative return in cash records $113,709. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,898/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Condo
Built in 1993
N/A lot
$N/A/sqft
$742 monthly HOA
Neighborhood data shown for ZIP Code: 33027, Hollywood, FL area.
| 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 |
Residential
24,250
Single Family
15,105
Multi-Family
9,145
Businesses
1,170
Date | Event | Price |
|---|---|---|
| 2024-06-08 | Price change | $280,000 |
| 2024-03-15 | Price change | $312,000 |
| 2024-01-04 | Listed for sale | $322,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $3440.91 | 17.25% | $150,280 | 10.00% |
| 2022-08-31 | $2934.68 | 8.39% | $136,620 | 10.00% |
| 2021-08-31 | $2707.52 | 3.82% | $124,200 | 4.90% |
Listed by: Angelica De Moya • United Realty Group Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11508235
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.
