1288 NW 112th WayCoral SpringsFL33071
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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 1288 NW 112th Way, Coral Springs, FL, 33071 listed at $794,950 pairs $4,740/mo rent with a $3,891/mo payment. Total monthly income runs $4,740/mo. Return on cash invested measures 17.03% in year one, and rental yield registers 7.16% at a $794,950 basis. Equity gained on principal adds $5,130/yr, and annual property appreciation at 5% supports $219,630 by year five. Five-year ROI tracks 88.19% and total cumulative return in cash totals $230,658. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,740/mo property income relative to a $3,891/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1983
9,435 sqft lot
$N/A/sqft
No HOA
More details about the property
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 |
Housing Distribution
Address Breakdown
Residential
13,659
Single Family
10,505
Multi-Family
3,154
Businesses
741
Price History
Date | Event | Price |
|---|---|---|
| 2025-09-17 | Listed for sale | $794,950 |
| 2025-07-03 | Listing removed | $684,950 |
| 2025-06-13 | Listed for sale | $684,950 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-17 | $8559.85 | 3.04% | $405,210 | 3.00% |
| 2023-09-17 | $8307.24 | 5.12% | $393,410 | 3.00% |
| 2022-09-17 | $7902.50 | 3.17% | $381,960 | 3.00% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1983
- Architectural Style: Other
- Building Area: N/A
- Living Area: 2,945 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central, Electric
- Cooling: Central Air, Electric
- Flooring: Laminate, Wood
- Interior Features: First Floor Entry, Closet Cabinetry, Kitchen Island, Entrance Foyer, Pantry, 3 Bedroom Split, Walk-In Closet(s)
- Exterior Features: Lighting, Other
- Parking Features: Attached, Driveway
Location
- City: Coral Springs
- State: FL
- Subdivision: Cypress Run 93-16 B
- Lot Size: 9,435 sqft
- Lot Features: Less Than 1/4 Acre Lot
- View: Other, Pool
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Bruce Lazar • Team Realty Inc
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10508668
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 2025 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.