12411 NW 57th StCoral SpringsFL33076
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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 Coral Springs at 12411 NW 57th St, Coral Springs, FL, 33076 offers a 12.78% rental yield on a $865,900 purchase with $9,220/mo rent. Total monthly income registers $9,220/mo, and a $4,238/mo payment leaves $3,244/mo available for distribution. Annual cash flow reaches $38,927/yr on $284,881 to close, and return on cash invested stands at 33.72% in year one. Equity gained on principal adds $5,588/yr while 5% annual appreciation supports $239,232 over five years. Portfolio math shows five-year ROI at 177.83% and total cumulative return in cash at $506,602. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $9,220/mo property income against a $4,238/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
9,283 sqft lot
$N/A/sqft
$230 monthly 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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Listed by: Maria Childs • LoKation
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11608548
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.