3420 NW 22nd PlCoconut 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
Rental property for sale in Coconut Creek at 3420 NW 22nd Pl, Coconut Creek, FL, 33066 generates $3,330/mo in rent, after a $2,447/mo payment. Total monthly income is $3,330/mo. Return on cash invested sits at 15.57% in year one, and rental yield is 7.99% on a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 81.76% and total cumulative return in cash sums $135,524. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,330/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
5,446 sqft lot
$N/A/sqft
$279 monthly HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2024-07-02 | Listing removed | $399,000 |
| 2021-07-01 | Sold | $399,000 |
| 2021-05-07 | Pending sale | $399,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-26 | $8440.02 | 3.88% | $411,380 | 3.08% |
| 2023-03-26 | $8124.47 | 8.15% | $399,080 | 19.36% |
| 2022-03-26 | $7512.55 | 87.73% | $334,350 | 60.40% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1990
- Architectural Style: N/A
- Building Area: N/A
- Living Area: 1,440 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Electric
- Cooling: Electric
- Flooring: Laminate, Tile
- Interior Features: Closet Cabinetry, Vaulted Ceiling(s), Walk-In Closet(s)
- Exterior Features: Exterior Lighting, Lighting
- Parking Features: Driveway, Automatic Garage Door Opener
Location
- City: Coconut Creek
- State: FL
- Subdivision: Lakeview Homes At
- Lot Size: 5,446 sqft
- Lot Features: Less Than 1/4 Acre Lot
- View: Garden
HOA & Fees
- HOA Fee: $279 monthly
- Association Fee: $279 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Cable Available
- Sewer: Public Sewer
- Water Source: Municipal Water
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Craig Sarnoff • Keller Williams Realty Consult
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10494338
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 2025 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.