20866 NW 1st StPembroke PinesFL33029
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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
Rental property for sale in Pembroke Pines at 20866 NW 1st St, Pembroke Pines, FL, 33029 generates $3,769/mo in rent and, after a $2,202/mo payment, leaves $583/mo in cash flow. Total monthly income is $3,769/mo, and annual cash flow is $6,991/yr on $149,142 invested. Return on cash invested sits at 24.6% in year one, and rental yield is 10.05% on a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 129.15% and total cumulative return in cash sums $192,622. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,769/mo property income rather than buyer’s personal income.
Townhouse
Built in 1998
N/A lot
$N/A/sqft
$184 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 | $449,900 |
| 2024-11-10 | Contingent | $449,900 |
| 2024-10-20 | Listed for sale | $449,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-25 | $4208.74 | 6.18% | $240,310 | 3.00% |
| 2022-12-25 | $3963.73 | 2.19% | $233,320 | 3.00% |
| 2021-12-25 | $3878.74 | 1.21% | $226,530 | 1.49% |
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Facts & Features
General Information
- Type: Townhouse
- Year Built: 1998
- Architectural Style: N/A
- Building Area: 1,386
- Living Area: 1,361 sqft
- Property Condition: Updated/Remodeled
Features & Amenities
- Heating: Central
- Cooling: Ceiling Fan(s), Central Air
- Flooring: N/A
- Interior Features: Kitchen Island, Walk-In Closet(s), Storage
- Exterior Features: Other, Tennis Court(s)
- Parking Features: 2 Or More Spaces, Assigned, Guest
Location
- City: Pembroke Pines
- State: FL
- Subdivision: Chapel Trail Ii
- Lot Size: N/A
- Lot Features: N/A
- View: Garden
HOA & Fees
- HOA Fee: $184 monthly
- Association Fee: $184 monthly
- Fees & Dues: N/A
- Association Amenities: Barbecue, Jogging Path, Clubhouse-Clubroom, Community Room, Fitness Center, Tennis Court(s)
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: Chapel Trail
- Middle School: Silver Trail
- High School: West Broward
Listed by: Aya Olmedillo PA • Luxe Properties
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11679386
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.