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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 6720 Arbor Dr APT 202, Miramar, FL, 33023 listed at $120,000 pairs $2,868/mo rent with a $587/mo payment to leave $1,687/mo cash flow. Total monthly income runs $2,868/mo, and annual cash flow reaches $20,244/yr on $39,780 cash to close. Return on cash invested measures 70.8% in year one, and rental yield registers 28.68% at a $120,000 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,154 by year five. Five-year ROI tracks 380.5% and total cumulative return in cash totals $151,363. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,868/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1965
N/A lot
$N/A/sqft
$385 monthly 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 |
|---|---|---|
| 2024-09-02 | Price change | $120,000 |
| 2024-07-19 | Listed for sale | $135,000 |
| 2024-07-17 | Contingent | $145,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-03 | $599.21 | 15.63% | $21,130 | 2.97% |
| 2022-09-03 | $518.23 | 3.60% | $20,520 | 2.96% |
| 2021-09-03 | $500.23 | N/A | $19,930 | 1.37% |
Listed by: Omayra Murray • Real Estate Empire Group, Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11593539
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.
