16492 SW 18th StMiramarFL33027
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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 Miramar at 16492 SW 18th St, Miramar, FL, 33027 listed at $850,000 pairs $4,440/mo rent with a $4,160/mo payment. Total monthly income runs $4,440/mo. Return on cash invested measures 13.33% in year one, and rental yield registers 6.27% at a $850,000 basis. Equity gained on principal adds $5,485/yr, and annual property appreciation at 5% supports $234,839 by year five. Five-year ROI tracks 68.69% and total cumulative return in cash totals $192,094. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,440/mo property income relative to a $4,160/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
7,407 sqft lot
$N/A/sqft
$200 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 33027, Hollywood, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
24,250
Single Family
15,105
Multi-Family
9,145
Businesses
1,170
Price History
Date | Event | Price |
|---|---|---|
| 2024-07-22 | Price change | $850,000 |
| 2024-07-15 | Price change | $860,000 |
| 2024-06-23 | Listed for sale | $875,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-03 | $9582.47 | 6.38% | $484,700 | 3.00% |
| 2022-09-03 | $9008.12 | 1.40% | $470,590 | 3.00% |
| 2021-09-03 | $8884.15 | 1.08% | $456,890 | 1.40% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2001
- Architectural Style: N/A
- Building Area: N/A
- Living Area: 3,948 sqft
- Property Condition: As Is
Features & Amenities
- Heating: Central, Electric
- Cooling: Central Air, Electric
- Flooring: Carpet, Ceramic Tile
- Interior Features: Kitchen Island, Pantry, Roman Tub, Volume Ceilings, Walk-In Closet(s)
- Exterior Features: N/A
- Parking Features: Driveway, Attached, No Trucks/Trailers, Automatic Garage Door Opener
Location
HOA & Fees
- HOA Fee: $200 monthly
- Association Fee: $200 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Cable Available
- Sewer: Public Sewer
- Water Source: Municipal Water
- Road Surface Type: N/A
School Information
- Elementary School: Silver Shores
- Middle School: Glades
- High School: Everglades
Listed by: Tamara Georges • The Keyes Company
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10447305
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.