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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 8985 Palm Tree Ln #8985, Pembroke Pines, FL, 33024 uses $150,833 cash to close to unlock $22,474/yr annual cash flow and $1,873/mo monthly cash flow. Total monthly income runs $6,125/mo, and a $2,227/mo payment keeps the spread at $1,873/mo. Purchase price stands at $455,000, and rental yield measures 16.15% with $6,125/mo rent. Return on cash invested shows 34.81% in year one, and 5% annual appreciation builds toward $125,708 over five years. Five-year ROI reaches 186.88% and total cumulative return in cash records $281,872. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,125/mo property income covering a $2,227/mo payment rather than investor’s personal income.
Townhouse
Built in 1975
N/A lot
$N/A/sqft
$1,067 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 |
|---|---|---|
| 2024-08-20 | Listed for sale | $455,000 |
| 2022-06-03 | Sold | $370,000 |
| 2022-04-15 | Pending sale | $359,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-03 | $6036.50 | 61.56% | $336,580 | 51.80% |
| 2022-09-03 | $3736.43 | 2.28% | $221,720 | 3.00% |
| 2021-09-03 | $3653.11 | 1.12% | $215,270 | 1.40% |
Listed by: Kaitlyn Adams • LoKation
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11644416
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.
