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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 18611 SW 41st St, Miramar, FL, 33029 listed at $1,500,000 pairs $7,120/mo rent with a $7,342/mo payment. Total monthly income runs $7,120/mo. Return on cash invested measures 11.64% in year one, and rental yield registers 5.7% at a $1,500,000 basis. Equity gained on principal adds $9,679/yr, and annual property appreciation at 5% supports $414,422 by year five. Five-year ROI tracks 59.62% and total cumulative return in cash totals $289,739. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,120/mo property income relative to a $7,342/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
0.33 Acres lot
$N/A/sqft
$252 monthly HOA
Neighborhood data shown for ZIP Code: 33029, Hollywood, FL area.
| 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 |
Residential
14,552
Single Family
13,880
Multi-Family
672
Businesses
575
Date | Event | Price |
|---|---|---|
| 2024-07-24 | Price change | $1,500,000 |
| 2024-04-29 | Price change | $1,540,000 |
| 2024-03-14 | Listed for sale | $1,550,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $18751.39 | 5.91% | $938,510 | 3.00% |
| 2022-08-31 | $17704.31 | 10.64% | $911,180 | 18.55% |
| 2021-08-31 | $16001.24 | 18.79% | $768,620 | 12.64% |
Listed by: Carlos Lobato • Coldwell Banker Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11550679
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.
