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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 8924 Palm Tree Ln #8924, Pembroke Pines, FL, 33024 earns from $3,000/mo rent with a $1,689/mo payment. Total monthly income totals $3,000/mo. ROI tracks 16.1% on current figures, and rental yield reads 10.43% at a $345,000 purchase. Equity gained on principal adds $2,226/yr, and 5% annual appreciation supports $95,317 over five years. Five-year ROI reaches 87.08% and total cumulative return in cash sums $99,592. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,000/mo property income instead of your personal income.
Townhouse
Built in 1975
N/A lot
$N/A/sqft
$811 monthly 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 |
|---|---|---|
| 2025-01-22 | Listed for sale | $345,000 |
| 2022-08-17 | Listing removed | N/A |
| 2022-07-26 | Price change | $2,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $6221.74 | 8.87% | $294,250 | 10.00% |
| 2023-02-12 | $5714.63 | 15.22% | $267,500 | 10.00% |
| 2022-02-12 | $4959.81 | 8.84% | $243,190 | 10.00% |
Listed by: Marlene Warheit • RE/MAX Select Group
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11717854
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.
