7953 Madeira 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 7953 Madeira St, Miramar, FL, 33023 priced at $540,000 converts $5,392/mo rent into $1,809/mo cash flow after a $2,643/mo obligation. Total monthly income equals $5,392/mo, and annual cash flow totals $21,702/yr on $177,660 invested. Return on cash invested prints 32.28% in year one, and rental yield reads 11.98% against a $540,000 entry. Equity gained on principal adds $3,485/yr, while 5% annual appreciation compiles into $149,192 by year five. Five-year ROI reaches 169.72% and total cumulative return in cash sums $301,526. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,392/mo property income covering a $2,643/mo payment, not borrower’s personal income.
Single Family
Built in 1961
6,002 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: Jennifer Yance • Lifestyle International Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11623530
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.