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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% |
Investment property for sale in Miramar at 16516 SW 51st St, Miramar, FL, 33027 earns from $4,440/mo rent with a $6,314/mo payment. Total monthly income totals $4,440/mo. ROI tracks 7.84% on current figures, and rental yield reads 4.13% at a $1,290,000 purchase. Equity gained on principal adds $8,324/yr, and 5% annual appreciation supports $356,403 over five years. Five-year ROI reaches 38.87% and total cumulative return in cash sums $162,476. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,440/mo property income instead of your personal income.
Single Family
Built in 2002
0.28 Acres lot
$N/A/sqft
$732 quarterly 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 |
|---|---|---|
| 2024-12-12 | Price change | $1,290,000 |
| 2024-11-12 | Listed for sale | $1,300,000 |
| 2014-07-07 | Sold | $500,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-25 | $10488.41 | 6.29% | $529,540 | 3.00% |
| 2022-12-25 | $9867.29 | 1.36% | $514,120 | 3.00% |
| 2021-12-25 | $9734.48 | 1.07% | $499,150 | 1.40% |
Listed by: Michelle Paez • Silver Door Realty LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11692207
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.
