1805 Eleuthera Pt #O3Coconut CreekFL33066
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Coconut Creek at 1805 Eleuthera Pt #O3, Coconut Creek, FL, 33066 uses $42,764 cash to close to unlock $1,696/yr annual cash flow and $141/mo monthly cash flow. Total monthly income runs $997/mo, and a $631/mo payment keeps the spread at $141/mo. Purchase price stands at $129,000, and rental yield measures 9.27% with $997/mo rent. Return on cash invested shows 23.87% in year one, and 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 124.76% and total cumulative return in cash records $53,353. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $997/mo property income covering a $631/mo payment rather than investor’s personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33066, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,599 (100%) |
| Owner Occupied HU | 7,308 (68.9%) |
| Renter Occupied HU | 1,632 (15.4%) |
| Vacant Housing Units | 1,659 (15.7%) |
| Median Home Value | $215,605 |
| Average Home Value | $269,364 |
Housing Distribution
Address Breakdown
Residential
9,646
Single Family
6,208
Multi-Family
3,438
Businesses
283
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Henry Thomas • Coldwell Banker
Mls Name: BeachesMLS
Mls ID: #F10536092