10995 Passage WayParklandFL33076
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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 10995 Passage Way, Parkland, FL, 33076 earns from $5,246/mo rent with a $6,847/mo payment. Total monthly income totals $5,246/mo. ROI tracks 9.68% on current figures, and rental yield reads 4.5% at a $1,399,000 purchase. Equity gained on principal adds $9,028/yr, and 5% annual appreciation supports $386,518 over five years. Five-year ROI reaches 48.5% and total cumulative return in cash sums $219,833. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,246/mo property income instead of your personal income.
Single Family
Built in 2021
0.28 Acres 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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