10575 NW 83rd CtParklandFL33076
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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
Investment property for sale in Parkland at 10575 NW 83rd Ct, Parkland, FL, 33076 offers a 10.24% rental yield on a $730,000 purchase with $6,230/mo rent. Total monthly income registers $6,230/mo, and a $3,573/mo payment leaves $1,386/mo available for distribution. Annual cash flow reaches $16,627/yr on $240,170 to close, and return on cash invested stands at 26.98% in year one. Equity gained on principal adds $4,711/yr while 5% annual appreciation supports $201,686 over five years. Portfolio math shows five-year ROI at 141.34% and total cumulative return in cash at $339,446. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,230/mo property income against a $3,573/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
6,699 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33076, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,728 (100%) |
| Owner Occupied HU | 12,179 (82.7%) |
| Renter Occupied HU | 2,064 (14.0%) |
| Vacant Housing Units | 485 ( 3.3%) |
| Median Home Value | $753,559 |
| Average Home Value | $830,827 |
Housing Distribution
Address Breakdown
Residential
14,698
Single Family
13,081
Multi-Family
1,617
Businesses
503
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