16778 NW 8th StPembroke 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
Rental property for sale in Pembroke Pines at 16778 NW 8th St, Pembroke Pines, FL, 33028 generates $4,288/mo in rent, after a $3,911/mo payment. Total monthly income is $4,288/mo. Return on cash invested sits at 15.43% in year one, and rental yield is 6.44% on a $799,000 entry. Equity gained on principal adds $5,156/yr, while 5% annual appreciation builds toward $220,749 over five years. Five-year ROI reaches 79.38% and total cumulative return in cash sums $208,662. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,288/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
9,840 sqft lot
$N/A/sqft
No 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: Paulina Hurtado • Century 21 Global Connections
Mls Name: BeachesMLS
Mls ID: #F10546598