20718 NW 3rd CourtPembroke 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 20718 NW 3rd Court, Pembroke Pines, FL, 33029 uses $169,435 cash to close to unlock $5,712/yr annual cash flow and $476/mo monthly cash flow. Total monthly income runs $3,894/mo, and a $2,521/mo payment keeps the spread at $476/mo. Purchase price stands at $515,000, and rental yield measures 9.07% with $3,894/mo rent. Return on cash invested shows 23.43% in year one, and 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 122.31% and total cumulative return in cash records $207,229. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,894/mo property income covering a $2,521/mo payment rather than investor’s personal income.
Single Family
Built in 1992
N/A 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: Marco Antonio Hernandez • Lifestyle International Realty
Mls Name: BeachesMLS
Mls ID: #RX-11151924