7642 Venetian 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
Rental property for sale in Miramar at 7642 Venetian St, Miramar, FL, 33023 generates $4,397/mo in rent and, after a $2,545/mo payment, leaves $946/mo in cash flow. Total monthly income is $4,397/mo, and annual cash flow is $11,356/yr on $171,080 invested. Return on cash invested sits at 26.7% in year one, and rental yield is 10.15% on a $520,000 entry. Equity gained on principal adds $3,355/yr, while 5% annual appreciation builds toward $143,666 over five years. Five-year ROI reaches 139.82% and total cumulative return in cash sums $239,207. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,397/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
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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