11696 NW 19th Dr #11696, Coral Springs, FL, 33071 | $1,018/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Coral Springs at 11696 NW 19th Dr #11696, Coral Springs, FL, 33071 uses $125,970 cash to close to unlock $12,218/yr annual cash flow and $1,018/mo monthly cash flow. Total monthly income runs $3,540/mo, and a $1,860/mo payment keeps the spread at $1,018/mo. Purchase price stands at $380,000, and rental yield measures 11.18% with $3,540/mo rent. Return on cash invested shows 29.61% in year one, and 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 155.47% and total cumulative return in cash records $195,841. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,540/mo property income covering a $1,860/mo payment rather than investor’s personal income.

Townhouse

Built in 1991

N/A lot

$N/A/sqft

No HOA

More details about the property

Recent sale in same community sold for $445k with only 1400 sq. ft., just doors down from this property. This is a rare opportunity in one of Coral Springs most sought-after private communities. For the Buyer with a little foresight, buy at lower price, keep property taxes lower while living in your fully functional home and do your own painting and updating at your convenience, while obtaining instant equity appreciation! Water-heater and the AC look new and work like new. Roof is covered by Association. This is a spacious 2-story residence featuring 3 bedrooms, 2.5 baths, with a 1 car garage, 1,610 sq. ft. of living area and a private community pool. This home has immediate great potential for anyone seeking a prime Coral Springs location at a deal of a price!

Neighborhood Data

Neighborhood data shown for ZIP Code: 33071, Pompano Beach, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,674 (100%)
Owner Occupied HU	9,464 (64.5%)
Renter Occupied HU	4,764 (32.5%)
Vacant Housing Units	446 ( 3.0%)
Median Home Value	$587,718
Average Home Value	$600,818