21640 NW 3rd 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
Investment property for sale in Pembroke Pines at 21640 NW 3rd St, Pembroke Pines, FL, 33029 uses $92,820 cash to close to unlock $1,084/yr annual cash flow and $90/mo monthly cash flow. Total monthly income runs $1,948/mo, and a $1,370/mo payment keeps the spread at $90/mo. Purchase price stands at $280,000, and rental yield measures 8.35% with $1,948/mo rent. Return on cash invested shows 21.08% in year one, and 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 109.72% and total cumulative return in cash records $101,841. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,948/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Manufactured
Built in 1979
4,049 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
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Listed by: Maggie Hernandez • Global Luxury Realty LLC
Mls Name: MIAMI
Mls ID: #A11900069