3261 Salinas WayMiramarFL33025
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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 3261 Salinas Way, Miramar, FL, 33025 priced at $710,000 pairs $5,174/mo rent with $419/mo cash flow after a $3,475/mo payment. Total monthly income equals $5,174/mo, and annual cash flow comes to $5,033/yr on $233,590 invested. Return on cash invested is 22.21% in year one, and rental yield stands at 8.74% on a $710,000 basis. Equity gained on principal adds $4,582/yr, and 5% annual appreciation accumulates to $196,160 by year five. Five-year ROI measures 115.85% and total cumulative return in cash reaches $270,623. For financing, Ziffy Mortgage’s DSCR program evaluates $5,174/mo property income against a $3,475/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
5,564 sqft lot
$N/A/sqft
$43 monthly 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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Listed by: Midlaine Richard-Pean • Trustcore Realty LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11769035
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.