2360 E Preserve Way APT 307, Miramar, FL, 33025 | $292/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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2360 E Preserve Way APT 307, Miramar, FL, 33025 | $292/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Miramar at 2360 E Preserve Way APT 307, Miramar, FL, 33025 generates $2,200/mo in rent and, after a $1,407/mo payment, leaves $292/mo in cash flow. Total monthly income is $2,200/mo, and annual cash flow is $3,507/yr on $95,306 invested. Return on cash invested sits at 23.59% in year one, and rental yield is 9.18% on a $287,500 entry. Equity gained on principal adds $1,855/yr, while 5% annual appreciation builds toward $79,431 over five years. Five-year ROI reaches 123.2% and total cumulative return in cash sums $117,419. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,200/mo property income rather than buyer’s personal income.

Condo

Built in 2006

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully updated 1-bedroom, 1-bathroom condo located in the desirable gated community of Residences at Miramar. This move-in ready unit features brand-new vinyl flooring throughout, a modern kitchen with quartz countertops and stainless steel appliances, motorized blinds, a new A/C (2024), new water heater (2024), and a newer washer and dryer. Situated on the 3rd floor, enjoy peaceful garden and tennis court views right from your home. The community offers resort-style amenities, including a pool, jacuzzi, fitness center, clubhouse, playground, and tennis courts. Perfectly positioned near I-75, the Florida Turnpike, and plenty of dining and shopping, this condo is a fantastic opportunity you wont want to miss!

Neighborhood Data

Neighborhood data shown for ZIP Code: 33025, Hollywood, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	31,536 (100%)
Owner Occupied HU	12,747 (40.4%)
Renter Occupied HU	16,717 (53.0%)
Vacant Housing Units	2,072 ( 6.6%)
Median Home Value	$399,882
Average Home Value	$450,128