6960 SW 15th StPembroke PinesFL33023
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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 6960 SW 15th St, Pembroke Pines, FL, 33023 uses $189,175 cash to close to unlock $33,870/yr annual cash flow and $2,823/mo monthly cash flow. Total monthly income runs $6,638/mo, and a $2,814/mo payment keeps the spread at $2,823/mo. Purchase price stands at $575,000, and rental yield measures 13.85% with $6,638/mo rent. Return on cash invested shows 37.96% in year one, and 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 200.23% and total cumulative return in cash records $378,779. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,638/mo property income covering a $2,814/mo payment rather than investor’s personal income.
Single Family
Built in 1959
9,542 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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Listed by: Alexis Washington • Fathom Realty FL, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11643434
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.