7221 Tropicana StMiramarFL33023
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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 Miramar at 7221 Tropicana St, Miramar, FL, 33023 earns $2,914/mo cash flow from $6,622/mo rent with a $2,692/mo payment. Total monthly income totals $6,622/mo, and annual cash flow totals $34,972/yr on $180,950 capital. ROI tracks 39.39% on current figures, and rental yield reads 14.45% at a $550,000 purchase. Equity gained on principal adds $3,549/yr, and 5% annual appreciation supports $151,955 over five years. Five-year ROI reaches 208.01% and total cumulative return in cash sums $376,390. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,622/mo property income instead of your personal income.
Single Family
Built in 1960
6,000 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: Enid Clarke • Sell Homes Realty, Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11553451
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.