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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Pembroke Pines at 8731 NW 16th St, Pembroke Pines, FL, 33024 offers a 7.06% rental yield on a $510,000 purchase with $3,000/mo rent. 43% in year one. Equity gained on principal adds $3,291/yr while 5% annual appreciation supports $140,904 over five years. Portfolio math shows five-year ROI at 85.08% and total cumulative return in cash at $142,755. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,000/mo property income against a $2,496/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
6,007 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33024, Hollywood, FL area.
| 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 |
Residential
25,698
Single Family
21,518
Multi-Family
4,180
Businesses
1,921
Date | Event | Price |
|---|---|---|
| 2024-08-20 | Price change | $510,000 |
| 2024-08-06 | Listed for sale | $520,000 |
| 2023-09-25 | Sold | $460,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-03 | $6012.35 | 13.71% | $267,860 | 10.00% |
| 2022-09-03 | $5287.57 | 9.39% | $243,510 | 10.00% |
| 2021-09-03 | $4833.84 | 6.70% | $221,380 | 10.00% |
Listed by: Carlos Orozco • M&J Real Estate Group, Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11636933
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.
