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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 1811 SW 162nd Ave, Miramar, FL, 33027 uses $294,455 cash to close to unlock $5,067/yr annual cash flow and $422/mo monthly cash flow. Total monthly income runs $6,592/mo, and a $4,381/mo payment keeps the spread at $422/mo. Purchase price stands at $895,000, and rental yield measures 8.84% with $6,592/mo rent. Return on cash invested shows 21.78% in year one, and 5% annual appreciation builds toward $247,272 over five years. Five-year ROI reaches 113.79% and total cumulative return in cash records $335,054. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,592/mo property income covering a $4,381/mo payment rather than investor’s personal income.
Single Family
Built in 2000
7,918 sqft lot
$N/A/sqft
$230 monthly 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 |
|---|---|---|
| 2018-07-16 | Sold | $475,000 |
| 2018-06-06 | Pending sale | $475,000 |
| 2018-05-08 | Price change | $475,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-11 | $6193.06 | 5060.88% | $459,730 | 3.00% |
| 2023-05-11 | $120.00 | N/A | $446,340 | 3.00% |
| 2022-05-11 | $120.00 | -97.58% | $433,340 | 3.00% |
Listed by: Benjamin Anaman Jr • Prospect Equities
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11800383
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.
