2440 E Preserve Way APT 208MiramarFL33025
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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 Miramar at 2440 E Preserve Way APT 208, Miramar, FL, 33025 uses $77,903 cash to close to unlock $8,529/yr annual cash flow and $711/mo monthly cash flow. Total monthly income runs $2,270/mo, and a $1,150/mo payment keeps the spread at $711/mo. Purchase price stands at $235,000, and rental yield measures 11.59% with $2,270/mo rent. Return on cash invested shows 30.86% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 162.15% and total cumulative return in cash records $126,316. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,270/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
29,855
Single Family
16,474
Multi-Family
13,381
Businesses
1,102
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