16560 NW 11th CtPembroke 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 16560 NW 11th Ct, Pembroke Pines, FL, 33028 uses $287,875 cash to close to unlock $21,624/yr annual cash flow and $1,802/mo monthly cash flow. Total monthly income runs $7,712/mo, and a $4,283/mo payment keeps the spread at $1,802/mo. Purchase price stands at $875,000, and rental yield measures 10.58% with $7,712/mo rent. Return on cash invested shows 27.57% in year one, and 5% annual appreciation builds toward $241,746 over five years. Five-year ROI reaches 144.66% and total cumulative return in cash records $416,435. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,712/mo property income covering a $4,283/mo payment rather than investor’s personal income.
Single Family
Built in 1999
10,415 sqft lot
$N/A/sqft
$103 monthly 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: Arelys R Catena • Century 21 Global Connections
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10454264
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.