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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% |
Investment property for sale in Pembroke Pines at 281 NW 218th Way, Pembroke Pines, FL, 33029 listed at $159,000 pairs $2,407/mo rent with a $778/mo payment to leave $1,249/mo cash flow. Total monthly income runs $2,407/mo, and annual cash flow reaches $14,989/yr on $52,709 cash to close. Return on cash invested measures 48.35% in year one, and rental yield registers 18.17% at a $159,000 basis. Equity gained on principal adds $1,026/yr, and annual property appreciation at 5% supports $43,929 by year five. Five-year ROI tracks 256.85% and total cumulative return in cash totals $135,384. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,407/mo property income relative to a $778/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1980
4,295 sqft lot
$N/A/sqft
$103 monthly HOA
Neighborhood data shown for ZIP Code: 33029, Hollywood, FL area.
| 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 |
Residential
14,552
Single Family
13,880
Multi-Family
672
Businesses
575
Date | Event | Price |
|---|---|---|
| 2025-09-25 | Sold | $159,000 |
| 2025-08-09 | Pending sale | $175,000 |
| 2025-07-23 | Listed for sale | $175,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $857.15 | 7.93% | $47,100 | 3.00% |
| 2023-10-24 | $794.14 | 7.51% | $45,730 | 3.00% |
| 2022-10-24 | $738.70 | 8.26% | $44,400 | 2.99% |
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Listed by: Cynthia A Krill • LoKation
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10516082
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 2025 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.
