2850 Forest Hills Blvd #214Coral 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 2850 Forest Hills Blvd #214, Coral Springs, FL, 33065 earns $684/mo cash flow from $2,476/mo rent with a $1,322/mo payment. Total monthly income totals $2,476/mo, and annual cash flow totals $8,205/yr on $89,505 capital. ROI tracks 29.08% on current figures, and rental yield reads 11% at a $270,000 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 152.59% and total cumulative return in cash sums $136,573. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,476/mo property income instead of your personal income.
Condo
Built in 1981
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: Amanat Ali • CENTURY 21 Tenace Realty
Mls Name: BeachesMLS
Mls ID: #F10542424