7432 NW 23rd StPembroke PinesFL33024
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Pembroke Pines rentals match the income profile of 7432 NW 23rd St, Pembroke Pines, FL, 33024. Listed at $760,000, gross rent is $8,585/mo and net cash flow is $3,034/mo, a 13.55% yield well above national averages. DSCR 2.51 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $209,974 by year five with $7,000/yr in annual principal reduction, projecting $487,164 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.6% | 6.2% |
| Monthly Cash Flow | $3,034 | $300 |
City averages based on Pembroke Pines market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $8,585 |
| Total Monthly Debt Service | $5,248 |
| DSCR Ratio | 1.64x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2002
5,500 sqft lot
$N/A/sqft
$305 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33024, Hollywood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,617 (100%) |
| Owner Occupied HU | 17,437 (65.5%) |
| Renter Occupied HU | 8,542 (32.1%) |
| Vacant Housing Units | 638 ( 2.4%) |
| Median Home Value | $431,114 |
| Average Home Value | $496,524 |
Housing Distribution
Address Breakdown
Residential
25,698
Single Family
21,518
Multi-Family
4,180
Businesses
1,921
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
Single Family
Built in 2002
5,500 sqft lot
$N/A/sqft
$305 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33024, Hollywood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,617 (100%) |
| Owner Occupied HU | 17,437 (65.5%) |
| Renter Occupied HU | 8,542 (32.1%) |
| Vacant Housing Units | 638 ( 2.4%) |
| Median Home Value | $431,114 |
| Average Home Value | $496,524 |
Housing Distribution
Address Breakdown
Residential
25,698
Single Family
21,518
Multi-Family
4,180
Businesses
1,921
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices