2372 NW 120th LnCoral SpringsFL33065
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
Rental property for sale in Coral Springs at 2372 NW 120th Ln, Coral Springs, FL, 33065 generates $4,870/mo in rent and, after a $3,110/mo payment, leaves $308/mo in cash flow. Total monthly income is $4,870/mo, and annual cash flow is $3,701/yr on $209,080 invested. Return on cash invested sits at 21.83% in year one, and rental yield is 9.2% on a $635,500 entry. Equity gained on principal adds $4,101/yr, while 5% annual appreciation builds toward $175,577 over five years. Five-year ROI reaches 114.42% and total cumulative return in cash sums $239,229. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,870/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
9,693 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
20,582
Single Family
12,579
Multi-Family
8,003
Businesses
1,496
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Darnell Aponte • Real Broker LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11826322
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.