9384 NW 24th PlPembroke PinesFL33024
Nearby investment properties with comparable rents
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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
Rental property for sale in Pembroke Pines at 9384 NW 24th Pl, Pembroke Pines, FL, 33024 generates $5,142/mo in rent and, after a $3,304/mo payment, leaves $387/mo in cash flow. Total monthly income is $5,142/mo, and annual cash flow is $4,641/yr on $222,075 invested. Return on cash invested sits at 22.15% in year one, and rental yield is 9.14% on a $675,000 entry. Equity gained on principal adds $4,356/yr, while 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 115.96% and total cumulative return in cash sums $257,511. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,142/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
7,106 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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