400 NW 98th AvenuePembroke PinesFL33024
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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 Pembroke Pines at 400 NW 98th Avenue, Pembroke Pines, FL, 33024 uses $229,938 cash to close to unlock $7,785/yr annual cash flow and $649/mo monthly cash flow. Total monthly income runs $5,287/mo, and a $3,421/mo payment keeps the spread at $649/mo. Purchase price stands at $698,900, and rental yield measures 9.08% with $5,287/mo rent. Return on cash invested shows 23.45% in year one, and 5% annual appreciation builds toward $193,093 over five years. Five-year ROI reaches 122.37% and total cumulative return in cash records $281,370. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,287/mo property income covering a $3,421/mo payment rather than investor’s personal income.
Single Family
Built in 1980
9,478 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33024, Hollywood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,617 (100%) |
| Owner Occupied HU | 17,437 (65.5%) |
| Renter Occupied HU | 8,542 (32.1%) |
| Vacant Housing Units | 638 ( 2.4%) |
| Median Home Value | $431,114 |
| Average Home Value | $496,524 |
Housing Distribution
Address Breakdown
Residential
25,698
Single Family
21,518
Multi-Family
4,180
Businesses
1,921
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Listed by: Laura Rojas Rojas Rodriguez • LPT Realty, LLC
Mls Name: BeachesMLS
Mls ID: #F10543877