8420 Pasadena BlvdPembroke PinesFL33024
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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 Pembroke Pines at 8420 Pasadena Blvd, Pembroke Pines, FL, 33024 offers $9,288/mo rent that, after a $4,346/mo payment, leaves $3,045/mo cash flow. Total monthly income is $9,288/mo, and annual cash flow is $36,536/yr on $292,152 cash. Return on cash invested measures 32.57% in year one, and rental yield stands at 12.55% at a $888,000 entry. Equity gained on principal adds $5,730/yr while 5% annual appreciation compounds into $245,338 by year five. Five-year ROI records 171.79% and total cumulative return in cash reaches $501,900. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $9,288/mo property income versus a $4,346/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
10,528 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
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Listed by: Joseph Brikman • Real Broker LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11632430
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.