17391 SW 18th StMiramarFL33029
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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 Miramar at 17391 SW 18th St, Miramar, FL, 33029 offers a 10.1% rental yield on a $599,000 purchase with $5,042/mo rent. Total monthly income registers $5,042/mo, and a $2,932/mo payment leaves $852/mo available for distribution. Annual cash flow reaches $10,221/yr on $197,071 to close, and return on cash invested stands at 25.25% in year one. Equity gained on principal adds $3,865/yr while 5% annual appreciation supports $165,493 over five years. Portfolio math shows five-year ROI at 132.49% and total cumulative return in cash at $261,106. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,042/mo property income against a $2,932/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
4,907 sqft lot
$N/A/sqft
$215 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 33029, Hollywood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,383 (100%) |
| Owner Occupied HU | 12,840 (89.3%) |
| Renter Occupied HU | 1,365 ( 9.5%) |
| Vacant Housing Units | 178 ( 1.2%) |
| Median Home Value | $622,938 |
| Average Home Value | $637,155 |
Housing Distribution
Address Breakdown
Residential
14,552
Single Family
13,880
Multi-Family
672
Businesses
575
Price History
Date | Event | Price |
|---|---|---|
| 2024-11-14 | Listed for sale | $599,000 |
| 2020-03-20 | Sold | $10,000 |
| 2004-05-13 | Sold | $259,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $4425.84 | 2.58% | $230,670 | 3.00% |
| 2023-02-13 | $4314.35 | 7.55% | $223,960 | 3.00% |
| 2022-02-13 | $4011.55 | 1.85% | $217,440 | 3.00% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1997
- Architectural Style: N/A
- Building Area: 1,878
- Living Area: 1,477 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central, Electric
- Cooling: Central Air, Electric
- Flooring: Ceramic Tile
- Interior Features: Vaulted Ceiling(s), Den/Library/Office
- Exterior Features: N/A
- Parking Features: Driveway, Automatic Garage Door Opener
Location
HOA & Fees
- HOA Fee: $215 monthly
- Association Fee: $215 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Municipal Water
- Road Surface Type: N/A
School Information
- Elementary School: Silver Lakes Elem
- Middle School: City/Pembroke Pines Charter
- High School: Everglades
Listed by: Jakub Martinek • Beachfront Realty Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11693432
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.