3302 Aruba Way #H1Coconut CreekFL33066
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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 Coconut Creek at 3302 Aruba Way #H1, Coconut Creek, FL, 33066 uses $105,749 cash to close to unlock $6,497/yr annual cash flow and $541/mo monthly cash flow. Total monthly income runs $2,658/mo, and a $1,561/mo payment keeps the spread at $541/mo. Purchase price stands at $319,000, and rental yield measures 10% with $2,658/mo rent. Return on cash invested shows 26.05% in year one, and 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 136.39% and total cumulative return in cash records $144,229. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,658/mo property income covering a $1,561/mo payment rather than investor’s personal income.
Condo
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33066, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,599 (100%) |
| Owner Occupied HU | 7,308 (68.9%) |
| Renter Occupied HU | 1,632 (15.4%) |
| Vacant Housing Units | 1,659 (15.7%) |
| Median Home Value | $215,605 |
| Average Home Value | $269,364 |
Housing Distribution
Address Breakdown
Residential
9,646
Single Family
6,208
Multi-Family
3,438
Businesses
283
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Listed by: Daniel Miqueiro • Engage 100 Realty Group
Mls Name: BeachesMLS
Mls ID: #F10532798