1650 SW 124th Ter APT 312DPembroke PinesFL33027
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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 1650 SW 124th Ter APT 312D, Pembroke Pines, FL, 33027 uses $92,820 cash to close to unlock $2,713/yr annual cash flow and $226/mo monthly cash flow. Total monthly income runs $2,792/mo, and a $1,370/mo payment keeps the spread at $226/mo. Purchase price stands at $280,000, and rental yield measures 11.97% with $2,792/mo rent. Return on cash invested shows 22.83% in year one, and 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 122.48% and total cumulative return in cash records $113,685. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,792/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Condo
Built in 1995
N/A lot
$N/A/sqft
$533 monthly HOA
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
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Listed by: Anna Toro Simancas • Luxe Properties
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11817570
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.