8730 N Sherman Cir APT 407MiramarFL33025
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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 8730 N Sherman Cir APT 407, Miramar, FL, 33025 listed at $230,000 pairs $2,001/mo rent with a $1,126/mo payment to leave $474/mo cash flow. Total monthly income runs $2,001/mo, and annual cash flow reaches $5,693/yr on $76,245 cash to close. Return on cash invested measures 27.38% in year one, and rental yield registers 10.44% at a $230,000 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,545 by year five. Five-year ROI tracks 143.51% and total cumulative return in cash totals $109,423. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,001/mo property income relative to a $1,126/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1986
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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