10263 Vestal MnrCoral SpringsFL33071
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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 Coral Springs at 10263 Vestal Mnr, Coral Springs, FL, 33071 offers $13,211/mo rent that, after a $6,559/mo payment, leaves $3,687/mo cash flow. Total monthly income is $13,211/mo, and annual cash flow is $44,239/yr on $434,160 cash. Return on cash invested measures 30.56% in year one, and rental yield stands at 11.83% at a $1,340,000 entry. Equity gained on principal adds $8,647/yr while 5% annual appreciation compounds into $370,217 by year five. Five-year ROI records 161.09% and total cumulative return in cash reaches $699,382. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $13,211/mo property income versus a $6,559/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
N/A lot
$N/A/sqft
$950 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33071, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,674 (100%) |
| Owner Occupied HU | 9,464 (64.5%) |
| Renter Occupied HU | 4,764 (32.5%) |
| Vacant Housing Units | 446 ( 3.0%) |
| Median Home Value | $587,718 |
| Average Home Value | $600,818 |
Housing Distribution
Address Breakdown
Residential
13,659
Single Family
10,505
Multi-Family
3,154
Businesses
741
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Nearby investment properties with comparable prices
Listed by: Jose Caceres • Charles Rutenberg Realty FTL
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10426636
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.