8441 NW 8th StPembroke 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
Rental property for sale in Pembroke Pines at 8441 NW 8th St, Pembroke Pines, FL, 33024 generates $6,166/mo in rent and, after a $3,059/mo payment, leaves $2,019/mo in cash flow. Total monthly income is $6,166/mo, and annual cash flow is $24,224/yr on $205,592 invested. Return on cash invested sits at 31.84% in year one, and rental yield is 11.84% on a $624,900 entry. Equity gained on principal adds $4,032/yr, while 5% annual appreciation builds toward $172,648 over five years. Five-year ROI reaches 167.4% and total cumulative return in cash sums $344,153. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,166/mo property income rather than buyer’s personal income.
Single Family
Built in 1982
7,004 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: Vivian Pena • Tower Team Realty, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11713275
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.