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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Miramar at 6200 SW 19th St, Miramar, FL, 33023 offers a 8.12% rental yield on a $447,900 purchase with $3,030/mo rent. Total monthly income registers $3,030/mo, and a $2,192/mo payment leaves $58/mo available for distribution. Annual cash flow reaches $695/yr on $148,479 to close, and return on cash invested stands at 20.38% in year one. Equity gained on principal adds $2,890/yr while 5% annual appreciation supports $123,747 over five years. Portfolio math shows five-year ROI at 105.93% and total cumulative return in cash at $157,278. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,030/mo property income against a $2,192/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33023, Hollywood, FL area.
| 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 |
Residential
21,035
Single Family
18,698
Multi-Family
2,337
Businesses
2,147
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Joel Made • Coldwell Banker Realty
Mls Name: MIAMI
Mls ID: #A11910019
