8956 SW 18th St #1106MiramarFL33025
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowReliable, bankable, and well-priced, 8956 SW 18th St #1106, Miramar, FL, 33025 in Miramar delivers $3,539/mo in gross rent and $389/mo in net monthly income at a $390,500 entry. The 10.05% yield and 2.02 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $107,888 over five years and $3,597/yr in equity from loan paydown, total projected return is $187,666.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 6.0% |
| Monthly Cash Flow | $389 | $1,200 |
City averages based on Miramar market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,539 |
| Total Monthly Debt Service | $2,806 |
| DSCR Ratio | 1.26x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2009
N/A lot
$N/A/sqft
$330 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2009
N/A lot
$N/A/sqft
$330 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Luis Gonzalez • Keller Williams Realty Jupiter
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11833131
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.