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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Pembroke Pines at 824 NW 208th Dr, Pembroke Pines, FL, 33029 listed at $439,999 pairs $5,363/mo rent with a $2,154/mo payment to leave $2,064/mo cash flow. Total monthly income runs $5,363/mo, and annual cash flow reaches $24,773/yr on $145,860 cash to close. Return on cash invested measures 36.89% in year one, and rental yield registers 14.63% at a $439,999 basis. Equity gained on principal adds $2,839/yr, and annual property appreciation at 5% supports $121,564 by year five. Five-year ROI tracks 195.65% and total cumulative return in cash totals $285,370. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,363/mo property income relative to a $2,154/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
1,183 sqft lot
$N/A/sqft
$317 monthly HOA
Neighborhood data shown for ZIP Code: 33029, Hollywood, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,383 (100%) |
| Owner Occupied HU | 12,840 (89.3%) |
| Renter Occupied HU | 1,365 ( 9.5%) |
| Vacant Housing Units | 178 ( 1.2%) |
| Median Home Value | $622,938 |
| Average Home Value | $637,155 |
Residential
14,552
Single Family
13,880
Multi-Family
672
Businesses
575
Date | Event | Price |
|---|---|---|
| 2024-08-20 | Listed for sale | $439,999 |
| 2020-10-23 | Sold | $279,000 |
| 2004-07-30 | Sold | $179,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $4648.73 | 6.10% | $263,350 | 3.00% |
| 2022-08-31 | $4381.27 | 2.05% | $255,680 | 3.00% |
| 2021-08-31 | $4293.18 | 132.27% | $248,240 | 107.26% |
Listed by: Raquel Rodriguez PA • Luxe Properties
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11641033
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.
