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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Pembroke Pines at 2251 NW 77th Way UNIT 201, Pembroke Pines, FL, 33024 generates $3,372/mo in rent and, after a $1,566/mo payment, leaves $811/mo in cash flow. Total monthly income is $3,372/mo, and annual cash flow is $9,730/yr on $106,080 invested. Return on cash invested sits at 29.08% in year one, and rental yield is 12.65% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 154.4% and total cumulative return in cash sums $163,791. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,372/mo property income rather than buyer’s personal income.
Condo
Built in 2001
N/A lot
$N/A/sqft
$400 monthly HOA
Neighborhood data shown for ZIP Code: 33024, Hollywood, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,617 (100%) |
| Owner Occupied HU | 17,437 (65.5%) |
| Renter Occupied HU | 8,542 (32.1%) |
| Vacant Housing Units | 638 ( 2.4%) |
| Median Home Value | $431,114 |
| Average Home Value | $496,524 |
Residential
25,698
Single Family
21,518
Multi-Family
4,180
Businesses
1,921
Date | Event | Price |
|---|---|---|
| 2024-12-03 | Price change | $320,000 |
| 2024-10-29 | Listed for sale | $330,000 |
| 2024-05-07 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $3302.39 | 15.85% | $182,760 | 6.57% |
| 2022-12-26 | $2850.50 | 5.62% | $171,490 | 6.46% |
| 2021-12-26 | $2698.76 | 5.76% | $161,090 | 5.47% |
Listed by: Todd Miller • Todd Miller Realty Inc
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10468861
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
