2201 Lucaya Bnd APT K3Coconut CreekFL33066
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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 Coconut Creek at 2201 Lucaya Bnd APT K3, Coconut Creek, FL, 33066 earns $302/mo cash flow from $2,067/mo rent with a $759/mo payment. Total monthly income totals $2,067/mo, and annual cash flow totals $3,625/yr on $51,383 capital. ROI tracks 26.96% on current figures, and rental yield reads 16% at a $155,000 purchase. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 over five years. Five-year ROI reaches 147.58% and total cumulative return in cash sums $75,832. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,067/mo property income instead of your personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
$730 monthly 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
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Listed by: Bernard Campbell • United Realty Group Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11860471
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.