2713 Bahama DriveMiramarFL33023
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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
Rental property for sale in Miramar at 2713 Bahama Drive, Miramar, FL, 33023 generates $2,930/mo in rent, after a $2,349/mo payment. Total monthly income is $2,930/mo. Return on cash invested sits at 17.99% in year one, and rental yield is 7.32% on a $480,000 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation builds toward $132,615 over five years. Five-year ROI reaches 93.11% and total cumulative return in cash sums $148,157. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,930/mo property income rather than buyer’s personal income.
Single Family
Built in 1961
5,994 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33023, Hollywood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,612 (100%) |
| Owner Occupied HU | 14,083 (65.2%) |
| Renter Occupied HU | 6,678 (30.9%) |
| Vacant Housing Units | 851 ( 3.9%) |
| Median Home Value | $400,167 |
| Average Home Value | $495,989 |
Housing Distribution
Address Breakdown
Residential
21,035
Single Family
18,698
Multi-Family
2,337
Businesses
2,147
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