8550 N Sherman Cir APT 507MiramarFL33025
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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
Investment property for sale in Miramar at 8550 N Sherman Cir APT 507, Miramar, FL, 33025 listed at $216,000 pairs $2,413/mo rent with a $1,057/mo payment to leave $861/mo cash flow. Total monthly income runs $2,413/mo, and annual cash flow reaches $10,328/yr on $71,604 cash to close. Return on cash invested measures 34.33% in year one, and rental yield registers 13.41% at a $216,000 basis. Equity gained on principal adds $1,394/yr, and annual property appreciation at 5% supports $59,677 by year five. Five-year ROI tracks 181.5% and total cumulative return in cash totals $129,963. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,413/mo property income relative to a $1,057/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33025, Hollywood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,536 (100%) |
| Owner Occupied HU | 12,747 (40.4%) |
| Renter Occupied HU | 16,717 (53.0%) |
| Vacant Housing Units | 2,072 ( 6.6%) |
| Median Home Value | $399,882 |
| Average Home Value | $450,128 |
Housing Distribution
Address Breakdown
Residential
29,855
Single Family
16,474
Multi-Family
13,381
Businesses
1,102
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