7920 Tropicana StMiramarFL33023
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
Investment Highlights
Investment property for sale in Miramar at 7920 Tropicana St, Miramar, FL, 33023 with 5% annual appreciation on a $585,000 basis while $5,712/mo rent supports operations. Total monthly income totals $5,712/mo and a $2,863/mo payment preserves $1,830/mo for cash returns. Annual cash flow comes to $21,961/yr on $192,465 deployed, and return on cash invested reaches 31.47% in year one. Equity gained on principal adds $3,775/yr, and five-year appreciation sums $161,625 alongside rental yield of 11.72%. Five-year ROI measures 165.42% and total cumulative return in cash totals $318,378.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,712/mo property income versus a $2,863/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1963
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Herson Richiez • Bridgestone Realty LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11649676
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.