20975 NW 1st CtPembroke 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 20975 NW 1st Ct, Pembroke Pines, FL, 33029 offers a 11.71% rental yield on a $589,000 purchase with $5,746/mo rent. Total monthly income registers $5,746/mo, and a $2,883/mo payment leaves $1,142/mo available for distribution. Annual cash flow reaches $13,700/yr on $193,781 to close, and return on cash invested stands at 27.13% in year one. Equity gained on principal adds $3,801/yr while 5% annual appreciation supports $162,730 over five years. Portfolio math shows five-year ROI at 143.69% and total cumulative return in cash at $278,438. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,746/mo property income against a $2,883/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2018
N/A lot
$N/A/sqft
$348 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 |
|---|---|---|
| 2024-06-20 | Price change | $589,000 |
| 2024-06-07 | Listing removed | N/A |
| 2024-06-04 | Listed for rent | $3,600 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-02 | $9410.73 | 13.44% | $465,890 | 10.00% |
| 2022-09-02 | $8295.89 | 36.51% | $423,540 | 23.95% |
| 2021-09-02 | $6077.09 | 1.03% | $341,690 | 1.40% |
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: Townhouse
- Year Built: 2018
- Architectural Style: N/A
- Building Area: N/A
- Living Area: N/A
- Property Condition: New Construction
Features & Amenities
- Heating: Central
- Cooling: Attic Fan, Ceiling Fan(s)
- Flooring: Ceramic Tile
- Interior Features: Closet Cabinetry, Kitchen Island, Pantry
- Exterior Features: Other, Barbecue
- Parking Features: Covered, Automatic Garage Door Opener
Location
- City: Pembroke Pines
- State: FL
- Subdivision: Chapel Trail
- Lot Size: N/A
- Lot Features: N/A
- View: None
HOA & Fees
- HOA Fee: $348 monthly
- Association Fee: $348 monthly
- Fees & Dues: N/A
- Association Amenities: Clubhouse-Clubroom, Other
- 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: Sonia Orjuela • Nizz Realty Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11568230
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.