8220 NW 24th CtPembroke PinesFL33024
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 Pembroke Pines at 8220 NW 24th Ct, Pembroke Pines, FL, 33024 listed at $575,000 pairs $4,529/mo rent with a $2,814/mo payment to leave $714/mo cash flow. Total monthly income runs $4,529/mo, and annual cash flow reaches $8,562/yr on $189,175 cash to close. Return on cash invested measures 24.59% in year one, and rental yield registers 9.45% at a $575,000 basis. Equity gained on principal adds $3,710/yr, and annual property appreciation at 5% supports $158,862 by year five. Five-year ROI tracks 128.49% and total cumulative return in cash totals $243,071. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,529/mo property income relative to a $2,814/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1969
7,560 sqft lot
$N/A/sqft
No 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
Listed by: Eden Katz • EXP Realty LLC
Mls Name: MIAMI
Mls ID: #A11825431