2531 NW 98th WayCoral SpringsFL33065
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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 2531 NW 98th Way, Coral Springs, FL, 33065 earns $91/mo cash flow from $3,840/mo rent with a $2,765/mo payment. Total monthly income totals $3,840/mo, and annual cash flow totals $1,094/yr on $185,852 capital. ROI tracks 20.65% on current figures, and rental yield reads 8.16% at a $564,900 purchase. Equity gained on principal adds $3,645/yr, and 5% annual appreciation supports $156,071 over five years. Five-year ROI reaches 107.38% and total cumulative return in cash sums $199,568. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,840/mo property income instead of your personal income.
Single Family
Built in 1977
N/A 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
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Listed by: Anthony Collins • Southern Key Realty
Mls Name: BeachesMLS
Mls ID: #RX-11153609