11570 Gorham DrCooper CityFL33026
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Cooper City at 11570 Gorham Dr, Cooper City, FL, 33026 with 5% annual appreciation on a $850,000 basis while $10,987/mo rent supports operations. Total monthly income totals $10,987/mo and a $4,160/mo payment preserves $5,227/mo for cash returns. Annual cash flow comes to $62,727/yr on $279,650 deployed, and return on cash invested reaches 42.49% in year one. Equity gained on principal adds $5,485/yr, and five-year appreciation sums $234,839 alongside rental yield of 15.51%. Five-year ROI measures 224.69% and total cumulative return in cash totals $628,342.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $10,987/mo property income versus a $4,160/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1988
8,138 sqft lot
$N/A/sqft
$91 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 33026, Hollywood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,992 (100%) |
| Owner Occupied HU | 9,598 (80.0%) |
| Renter Occupied HU | 2,163 (18.0%) |
| Vacant Housing Units | 231 ( 1.9%) |
| Median Home Value | $484,562 |
| Average Home Value | $522,564 |
Housing Distribution
Address Breakdown
Residential
11,871
Single Family
8,463
Multi-Family
3,408
Businesses
911
Price History
Date | Event | Price |
|---|---|---|
| 2024-08-19 | Listed for sale | $850,000 |
| 2018-07-19 | Listing removed | $2,825 |
| 2018-07-09 | Price change | $2,925 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $7906.14 | 6.18% | $440,060 | 3.00% |
| 2022-08-31 | $7446.09 | 0.11% | $427,250 | 3.00% |
| 2021-08-31 | $7438.05 | 1.12% | $414,810 | 1.40% |
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1988
- Architectural Style: N/A
- Building Area: N/A
- Living Area: 2,524 sqft
- Property Condition: As Is
Features & Amenities
- Heating: Central, Electric
- Cooling: Ceiling Fan(s), Central Air
- Flooring: Laminate, Tile
- Interior Features: Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s)
- Exterior Features: N/A
- Parking Features: Driveway, Attached, Automatic Garage Door Opener
Location
- City: Cooper City
- State: FL
- Subdivision: Le Cristal - Rock Creek
- Lot Size: 8,138 sqft
- Lot Features: Less Than 1/4 Acre Lot
- View: Pool
HOA & Fees
- HOA Fee: $91 monthly
- Association Fee: $91 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Municipal Water
- Road Surface Type: N/A
School Information
- Elementary School: Embassy Creek
- Middle School: Pioneer
- High School: Cooper City
Listed by: Pamela Segarra • RE/MAX Select Group
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10456691
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.