10805 Estuary DrParklandFL33076
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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 Parkland at 10805 Estuary Dr, Parkland, FL, 33076 priced at $1,489,990 converts $13,096/mo rent into $1,485/mo cash flow after a $7,293/mo obligation. Total monthly income equals $13,096/mo, and annual cash flow totals $17,823/yr on $482,757 invested. Return on cash invested prints 24.06% in year one, and rental yield reads 10.55% against a $1,489,990 entry. Equity gained on principal adds $9,615/yr, while 5% annual appreciation compiles into $411,657 by year five. Five-year ROI reaches 127.17% and total cumulative return in cash sums $613,921. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $13,096/mo property income covering a $7,293/mo payment, not borrower’s personal income.
Single Family
Built in 2019
10,400 sqft lot
$N/A/sqft
$676 monthly 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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Listed by: Michael Guthneck • LPT Realty
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-10995276
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.