10772 La Placida Dr #7301Coral SpringsFL33065
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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 Coral Springs at 10772 La Placida Dr #7301, Coral Springs, FL, 33065 uses $69,781 cash to close to unlock $545/yr annual cash flow and $45/mo monthly cash flow. Total monthly income runs $1,442/mo, and a $1,030/mo payment keeps the spread at $45/mo. Purchase price stands at $210,500, and rental yield measures 8.22% with $1,442/mo rent. Return on cash invested shows 20.69% in year one, and 5% annual appreciation builds toward $58,157 over five years. Five-year ROI reaches 107.66% and total cumulative return in cash records $75,124. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,442/mo property income covering a $1,030/mo payment rather than investor’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33065, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,438 (100%) |
| Owner Occupied HU | 10,540 (49.2%) |
| Renter Occupied HU | 9,904 (46.2%) |
| Vacant Housing Units | 994 ( 4.6%) |
| Median Home Value | $466,135 |
| Average Home Value | $508,045 |
Housing Distribution
Address Breakdown
Residential
20,582
Single Family
12,579
Multi-Family
8,003
Businesses
1,496
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Listed by: Lou Corda • La Rosa Realty LLC
Mls Name: MIAMI
Mls ID: #A11873424