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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% |
Rental property for sale in Miramar at 16367 SW 48th St, Miramar, FL, 33027 generates $3,480/mo in rent, after a $2,692/mo payment. Total monthly income is $3,480/mo. Return on cash invested sits at 16.13% in year one, and rental yield is 7.59% on a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 84.16% and total cumulative return in cash sums $152,290. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,480/mo property income rather than buyer’s personal income.
Townhouse
Built in 2005
N/A lot
$N/A/sqft
$288 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 |
|---|---|---|
| 2024-12-26 | Listed for sale | $550,000 |
| 2024-11-29 | Listing removed | $584,999 |
| 2024-11-07 | Listed for sale | $599,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $6509.78 | 2.46% | $334,620 | 3.00% |
| 2023-02-13 | $6353.40 | 6.86% | $324,880 | 3.00% |
| 2022-02-13 | $5945.44 | 1.58% | $315,420 | 3.00% |
Listed by: Lindsay Garcia • Redfin Corporation
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11714040
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.
