8850 NW 3rd StPembroke PinesFL33024
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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 Pembroke Pines at 8850 NW 3rd St, Pembroke Pines, FL, 33024 earns $761/mo cash flow from $5,406/mo rent with a $3,426/mo payment. Total monthly income totals $5,406/mo, and annual cash flow totals $9,132/yr on $230,267 capital. ROI tracks 24.03% on current figures, and rental yield reads 9.27% at a $699,900 purchase. Equity gained on principal adds $4,516/yr, and 5% annual appreciation supports $193,369 over five years. Five-year ROI reaches 125.5% and total cumulative return in cash sums $288,980. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,406/mo property income instead of your personal income.
Single Family
Built in 1979
8,665 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
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Listed by: Jorge Safont • United Realty Group Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11824572
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.