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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% |
Rental property for sale in Miramar at 8881 SW 23rd St, Miramar, FL, 33025 generates $3,420/mo in rent and, after a $1,958/mo payment, leaves $765/mo in cash flow. Total monthly income is $3,420/mo, and annual cash flow is $9,184/yr on $132,600 invested. Return on cash invested sits at 26.84% in year one, and rental yield is 10.26% on a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 140.6% and total cumulative return in cash sums $186,436. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,420/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
5,414 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33025, Hollywood, FL area.
| 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 |
Residential
29,855
Single Family
16,474
Multi-Family
13,381
Businesses
1,102
Date | Event | Price |
|---|---|---|
| 1992-06-01 | Sold | $59,914 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-27 | $1896.24 | 3.27% | $109,490 | 2.99% |
| 2023-05-27 | $1836.28 | 6.93% | $106,310 | 4.53% |
| 2022-05-27 | $1717.25 | 2.99% | $101,700 | 3.00% |
Listed by: Thelda Vanover • Hertz Realty Network
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10505751
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
