8560 N Sherman Cir APT 208MiramarFL33025
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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 8560 N Sherman Cir APT 208, Miramar, FL, 33025 earns $123/mo cash flow from $1,579/mo rent with a $1,074/mo payment. Total monthly income totals $1,579/mo, and annual cash flow totals $1,472/yr on $72,764 capital. ROI tracks 21.93% on current figures, and rental yield reads 8.63% at a $219,500 purchase. Equity gained on principal adds $1,416/yr, and 5% annual appreciation supports $60,644 over five years. Five-year ROI reaches 114.28% and total cumulative return in cash sums $83,158. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,579/mo property income instead of your personal income.
Condo
Built in 1983
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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