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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 16862 SW 50th St, Miramar, FL, 33027 listed at $1,050,000 pairs $4,008/mo rent with a $5,139/mo payment. Total monthly income runs $4,008/mo. Return on cash invested measures 7.75% in year one, and rental yield registers 4.58% at a $1,050,000 basis. Equity gained on principal adds $6,775/yr, and annual property appreciation at 5% supports $290,096 by year five. Five-year ROI tracks 38.92% and total cumulative return in cash totals $132,401. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,008/mo property income relative to a $5,139/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
10,329 sqft lot
$N/A/sqft
$747 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 |
|---|---|---|
| 2024-10-19 | Listed for sale | $1,050,000 |
| 2020-12-30 | Sold | $635,000 |
| 2020-12-03 | Pending sale | $645,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $13786.20 | 2.32% | $697,580 | 3.00% |
| 2023-02-13 | $13473.23 | 6.10% | $677,270 | 3.00% |
| 2022-02-13 | $12698.27 | 16.70% | $657,550 | 18.24% |
Listed by: Hummair Umar • Brokers Choice Realty Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11679008
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.
