16248 NW 18th 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 16248 NW 18th St, Pembroke Pines, FL, 33028 offers a 13.01% rental yield on a $650,000 purchase with $7,048/mo rent. Total monthly income registers $7,048/mo, and a $3,181/mo payment leaves $2,527/mo available for distribution. Annual cash flow reaches $30,319/yr on $213,850 to close, and return on cash invested stands at 34.24% in year one. Equity gained on principal adds $4,194/yr while 5% annual appreciation supports $179,583 over five years. Portfolio math shows five-year ROI at 180.67% and total cumulative return in cash at $386,354. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,048/mo property income against a $3,181/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
4,950 sqft lot
$N/A/sqft
$625 quarterly 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: Matthew Rosenbaum • The Urban Group, Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11643802
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.