3901 E Lake RoadMiramarFL33023
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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 3901 E Lake Road, Miramar, FL, 33023 earns $1,049/mo cash flow from $4,367/mo rent with a $2,447/mo payment. Total monthly income totals $4,367/mo, and annual cash flow totals $12,590/yr on $165,750 capital. ROI tracks 27.5% on current figures, and rental yield reads 10.48% at a $500,000 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,141 over five years. Five-year ROI reaches 144.18% and total cumulative return in cash sums $238,976. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,367/mo property income instead of your personal income.
Single Family
Built in 1967
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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