421 SW 64th WayPembroke PinesFL33023
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 421 SW 64th Way, Pembroke Pines, FL, 33023 uses $189,142 cash to close to unlock $8,001/yr annual cash flow and $667/mo monthly cash flow. Total monthly income runs $4,482/mo, and a $2,814/mo payment keeps the spread at $667/mo. Purchase price stands at $574,900, and rental yield measures 9.36% with $4,482/mo rent. Return on cash invested shows 24.29% in year one, and 5% annual appreciation builds toward $158,834 over five years. Five-year ROI reaches 126.89% and total cumulative return in cash records $240,003. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,482/mo property income covering a $2,814/mo payment rather than investor’s personal income.
Single Family
Built in 1961
7,003 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Zoraida Sanchez • Charles Rutenberg Realty FTL
Mls Name: MIAMI
Mls ID: #A11884445