2701 Riverside Dr APT 515-BCoral 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 2701 Riverside Dr APT 515-B, Coral Springs, FL, 33065 earns from $1,266/mo rent with a $808/mo payment. Total monthly income totals $1,266/mo. ROI tracks 8.51% on current figures, and rental yield reads 9.21% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 47.85% and total cumulative return in cash sums $26,171. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,266/mo property income instead of your personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
$537 monthly 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: Karina Sobrino • Optimar International Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11721578
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.