10775 NW 40th StCoral 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 10775 NW 40th St, Coral Springs, FL, 33065 uses $205,625 cash to close to unlock $7,338/yr annual cash flow and $611/mo monthly cash flow. Total monthly income runs $4,759/mo, and a $3,059/mo payment keeps the spread at $611/mo. Purchase price stands at $625,000, and rental yield measures 9.14% with $4,759/mo rent. Return on cash invested shows 23.63% in year one, and 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 123.35% and total cumulative return in cash records $253,645. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,759/mo property income covering a $3,059/mo payment rather than investor’s personal income.
Single Family
Built in 1972
9,117 sqft 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: Harrison Whiddon • Better Homes & Gdns RE Fla 1st
Mls Name: BeachesMLS
Mls ID: #F10543092