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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 960 NW 185th Ave, Pembroke Pines, FL, 33029 offers a 9.16% rental yield on a $700,000 purchase with $5,342/mo rent. Total monthly income registers $5,342/mo, and a $3,426/mo payment leaves $567/mo available for distribution. Annual cash flow reaches $6,802/yr on $230,300 to close, and return on cash invested stands at 23.01% in year one. Equity gained on principal adds $4,517/yr while 5% annual appreciation supports $193,397 over five years. Portfolio math shows five-year ROI at 120.29% and total cumulative return in cash at $277,024. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,342/mo property income against a $3,426/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
6,750 sqft lot
$N/A/sqft
$130 monthly HOA
Neighborhood data shown for ZIP Code: 33029, Hollywood, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,383 (100%) |
| Owner Occupied HU | 12,840 (89.3%) |
| Renter Occupied HU | 1,365 ( 9.5%) |
| Vacant Housing Units | 178 ( 1.2%) |
| Median Home Value | $622,938 |
| Average Home Value | $637,155 |
Residential
14,552
Single Family
13,880
Multi-Family
672
Businesses
575
Date | Event | Price |
|---|---|---|
| 2015-07-14 | Listing removed | $2,649 |
| 2015-07-02 | Listed for rent | $2,649 |
| 2013-11-29 | Listing removed | $345,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-26 | $6083.60 | 2.95% | $339,230 | 3.00% |
| 2023-06-26 | $5909.15 | 5.94% | $329,350 | 3.00% |
| 2022-06-26 | $5577.81 | 1.77% | $319,760 | 3.00% |
Listed by: Alberto Vasquez • Keller Williams Realty SW
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11829086
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.
