21750 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
Investment property for sale in Pembroke Pines at 21750 NW 1st St, Pembroke Pines, FL, 33029 offers a 10.38% rental yield on a $370,000 purchase with $3,201/mo rent. Total monthly income registers $3,201/mo, and a $1,811/mo payment leaves $548/mo available for distribution. Annual cash flow reaches $6,572/yr on $122,655 to close, and return on cash invested stands at 25.27% in year one. Equity gained on principal adds $2,388/yr while 5% annual appreciation supports $102,224 over five years. Portfolio math shows five-year ROI at 132.86% and total cumulative return in cash at $162,965. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,201/mo property income against a $1,811/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1982
8,232 sqft lot
$N/A/sqft
$90 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 |
|---|---|---|
| 2025-01-15 | Listed for sale | $370,000 |
| 2024-12-21 | Contingent | $370,000 |
| 2024-12-03 | Listed for sale | $370,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $4589.20 | 8.67% | $185,830 | 10.00% |
| 2023-02-13 | $4223.03 | 21.09% | $168,940 | 9.99% |
| 2022-02-13 | $3487.44 | 10.10% | $153,590 | 10.00% |
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Facts & Features
General Information
- Type: MobileManufactured
- Year Built: 1982
- Architectural Style: N/A
- Building Area: 1,834
- Living Area: 1,834 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central, Electric
- Cooling: Central Air, Electric
- Flooring: Ceramic Tile
- Interior Features: Closet Cabinetry, Other
- Exterior Features: N/A
- Parking Features: Driveway
Location
- City: Pembroke Pines
- State: FL
- Subdivision: Heritage Park
- Lot Size: 8,232 sqft
- Lot Features: Less Than 1/4 Acre Lot
- View: Canal
HOA & Fees
- HOA Fee: $90 monthly
- Association Fee: $90 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Municipal Water
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Caridad San • Timeless Realty & Associates LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11703278
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.