16221 NW 17th StPembroke PinesFL33028
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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 16221 NW 17th St, Pembroke Pines, FL, 33028 uses $222,075 cash to close to unlock $1,624/yr annual cash flow and $135/mo monthly cash flow. Total monthly income runs $4,615/mo, and a $3,304/mo payment keeps the spread at $135/mo. Purchase price stands at $675,000, and rental yield measures 8.2% with $4,615/mo rent. Return on cash invested shows 20.79% in year one, and 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 108.15% and total cumulative return in cash records $240,171. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,615/mo property income covering a $3,304/mo payment rather than investor’s personal income.
Single Family
Built in 1996
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33028, Hollywood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,131 (100%) |
| Owner Occupied HU | 6,883 (75.4%) |
| Renter Occupied HU | 2,110 (23.1%) |
| Vacant Housing Units | 138 ( 1.5%) |
| Median Home Value | $579,785 |
| Average Home Value | $592,598 |
Housing Distribution
Address Breakdown
Residential
9,187
Single Family
8,289
Multi-Family
898
Businesses
260
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Listed by: Jeremy O'Neail • Arium Real Estate, LLC
Mls Name: Space Coast AOR
Mls ID: #1059809