116 Clifton RdWest ParkFL33023
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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 West Park at 116 Clifton Rd, West Park, FL, 33023 priced at $480,000 pairs $3,401/mo rent with $157/mo cash flow after a $2,349/mo payment. Total monthly income equals $3,401/mo, and annual cash flow comes to $1,882/yr on $159,120 invested. Return on cash invested is 21.09% in year one, and rental yield stands at 8.5% on a $480,000 basis. Equity gained on principal adds $3,097/yr, and 5% annual appreciation accumulates to $132,615 by year five. Five-year ROI measures 109.93% and total cumulative return in cash reaches $174,917. For financing, Ziffy Mortgage’s DSCR program evaluates $3,401/mo property income against a $2,349/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
10,316 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33023, Hollywood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,612 (100%) |
| Owner Occupied HU | 14,083 (65.2%) |
| Renter Occupied HU | 6,678 (30.9%) |
| Vacant Housing Units | 851 ( 3.9%) |
| Median Home Value | $400,167 |
| Average Home Value | $495,989 |
Housing Distribution
Address Breakdown
Residential
21,035
Single Family
18,698
Multi-Family
2,337
Businesses
2,147
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Listed by: Diana Sandoval Amado • My Realty Group, LLC.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11741175
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.