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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 9607 NW 16th Ct, Pembroke Pines, FL, 33024 listed at $439,999 pairs $3,000/mo rent with a $2,154/mo payment. Total monthly income runs $3,000/mo. Return on cash invested measures 18.73% in year one, and rental yield registers 8.18% at a $439,999 basis. Equity gained on principal adds $2,839/yr, and annual property appreciation at 5% supports $121,564 by year five. Five-year ROI tracks 97.78% and total cumulative return in cash totals $142,618. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,000/mo property income relative to a $2,154/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1982
N/A lot
$N/A/sqft
$130 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 |
|---|---|---|
| 2025-01-24 | Listed for sale | $439,999 |
| 2021-02-16 | Sold | $283,500 |
| 2021-01-13 | Pending sale | $285,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $5035.63 | 3.14% | $283,840 | 3.00% |
| 2023-02-13 | $4882.27 | 6.07% | $275,580 | 3.00% |
| 2022-02-13 | $4603.07 | -4.09% | $267,560 | 14.73% |
Listed by: Yamile Alfonso • Horizon Homes Realty Corp
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11730084
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.
