12131 Royal Palm Blvd #2E, Coral Springs, FL, 33065 | $787/mo Cash Flow

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12131 Royal Palm Blvd #2E, Coral Springs, FL, 33065 | $787/mo Cash Flow | Ziffy

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

Rental property for sale in Coral Springs at 12131 Royal Palm Blvd #2E, Coral Springs, FL, 33065 generates $2,446/mo in rent and, after a $1,224/mo payment, leaves $787/mo in cash flow. Total monthly income is $2,446/mo, and annual cash flow is $9,439/yr on $82,875 invested. Return on cash invested sits at 31.3% in year one, and rental yield is 11.74% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 164.53% and total cumulative return in cash sums $136,354. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,446/mo property income rather than buyer’s personal income.

Condo

Built in 1988

N/A lot

$N/A/sqft

No HOA

More details about the property

Tastefully updated 2-Bed/2-Bath condo in excellent condition, offering a bright and comfortable living space in a highly desirable community. This move-in-ready condo features a newly installed refrigerator and dishwasher, adding value to the well-maintained kitchen. Enjoy an open layout with a private screened patioperfect for relaxing or entertaining. The primary suite includes a generous walk-in closet and an ensuite bath. Furniture is optional, allowing for a seamless turnkey experience or the opportunity to personalize the space. Located on the 1st floor, this unit provides easy access with convenient parking just steps away, making daily living exceptionally comfortable. Residents also enjoy access to community amenities including pools, fitness facilities, and social activities.

Neighborhood Data

Neighborhood data shown for ZIP Code: 33065, Pompano Beach, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,438 (100%)
Owner Occupied HU	10,540 (49.2%)
Renter Occupied HU	9,904 (46.2%)
Vacant Housing Units	994 ( 4.6%)
Median Home Value	$466,135
Average Home Value	$508,045