19190 NW 24th PlPembroke PinesFL33029
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Pembroke Pines at 19190 NW 24th Pl, Pembroke Pines, FL, 33029 offers a 8.51% rental yield on a $659,000 purchase with $4,672/mo rent. Total monthly income registers $4,672/mo, and a $3,225/mo payment leaves $299/mo available for distribution. Annual cash flow reaches $3,591/yr on $216,811 to close, and return on cash invested stands at 21.72% in year one. Equity gained on principal adds $4,252/yr while 5% annual appreciation supports $182,070 over five years. Portfolio math shows five-year ROI at 113.11% and total cumulative return in cash at $245,227. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,672/mo property income against a $3,225/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
6,348 sqft lot
$N/A/sqft
No HOA
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Schell • Miami Way Realty Inc.
Mls Name: MIAMI
Mls ID: #A11896295