322 SW 78th TerNorth LauderdaleFL33068
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 North Lauderdale at 322 SW 78th Ter, North Lauderdale, FL, 33068 offers $4,751/mo rent that, after a $2,242/mo payment, leaves $1,711/mo cash flow. Total monthly income is $4,751/mo, and annual cash flow is $20,536/yr on $151,827 cash. Return on cash invested measures 33.43% in year one, and rental yield stands at 12.45% at a $458,000 entry. Equity gained on principal adds $2,955/yr while 5% annual appreciation compounds into $126,537 by year five. Five-year ROI records 175.97% and total cumulative return in cash reaches $267,177. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,751/mo property income versus a $2,242/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
6,000 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 33068, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,276 (100%) |
| Owner Occupied HU | 10,191 (55.8%) |
| Renter Occupied HU | 7,006 (38.3%) |
| Vacant Housing Units | 1,079 ( 5.9%) |
| Median Home Value | $351,558 |
| Average Home Value | $407,427 |
Housing Distribution
Address Breakdown
Residential
18,138
Single Family
12,286
Multi-Family
5,852
Businesses
556
Price History
Date | Event | Price |
|---|---|---|
| 2024-08-08 | Price change | $458,000 |
| 2024-07-18 | Price change | $463,000 |
| 2024-07-04 | Price change | $471,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-03 | $2939.83 | 8.10% | $132,910 | 3.00% |
| 2022-09-03 | $2719.58 | 4.14% | $129,040 | 2.99% |
| 2021-09-03 | $2611.37 | 10.09% | $125,290 | 1.39% |
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1975
- Architectural Style: N/A
- Building Area: 1,207
- Living Area: 1,207 sqft
- Property Condition: Resale
Features & Amenities
- Heating: Electric
- Cooling: Other
- Flooring: Tile
- Interior Features: None
- Exterior Features: N/A
- Parking Features: Garage
Location
- City: North Lauderdale
- State: FL
- Subdivision: North Lauderdale Village Sec 2
- Lot Size: 6,000 sqft
- Lot Features: < 1/4 Acre
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Electricity Connected, Water Available
- Sewer: Public Sewer
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: Morrow Elementary School
- Middle School: Silver Lakes Middle School
- High School: Coconut Creek High School
Listed by: Allison Johnston • Opendoor Brokerage LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-10995272
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.