281 SW 99th AvePembroke PinesFL33025
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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 Pembroke Pines at 281 SW 99th Ave, Pembroke Pines, FL, 33025 generates $3,980/mo in rent and, after a $2,785/mo payment, leaves $49/mo in cash flow. Total monthly income is $3,980/mo, and annual cash flow is $588/yr on $187,201 invested. Return on cash invested sits at 20.37% in year one, and rental yield is 8.39% on a $569,000 entry. Equity gained on principal adds $3,672/yr, while 5% annual appreciation builds toward $157,204 over five years. Five-year ROI reaches 106.24% and total cumulative return in cash sums $198,887. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,980/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
4,004 sqft lot
$N/A/sqft
$155 monthly HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2024-12-15 | Price change | $569,000 |
| 2024-12-13 | Listed for sale | $570,000 |
| 2024-11-12 | Contingent | $570,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-25 | $2697.94 | 6.66% | $161,200 | 3.00% |
| 2022-12-25 | $2529.48 | 3.02% | $156,510 | 2.99% |
| 2021-12-25 | $2455.23 | 1.22% | $151,960 | 1.39% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1994
- Architectural Style: N/A
- Building Area: 2,024
- Living Area: 1,600 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central
- Cooling: Central Air
- Flooring: Carpet, Tile
- Interior Features: Pantry, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s)
- Exterior Features: N/A
- Parking Features: Driveway
Location
- City: Pembroke Pines
- State: FL
- Subdivision: Tanglewood Townhomes,Garden Lake
- Lot Size: 4,004 sqft
- Lot Features: Less Than 1/4 Acre Lot
- View: Canal, None
HOA & Fees
- HOA Fee: $155 monthly
- Association Fee: $155 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Municipal Water
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Montrial Thomas • LPT Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11683371
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.