3575 Broken Woods Dr #201Coral 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 3575 Broken Woods Dr #201, Coral Springs, FL, 33065 uses $82,875 cash to close to unlock $1,119/yr annual cash flow and $93/mo monthly cash flow. Total monthly income runs $2,270/mo, and a $1,224/mo payment keeps the spread at $93/mo. Purchase price stands at $250,000, and rental yield measures 10.9% with $2,270/mo rent. Return on cash invested shows 21.26% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 113.43% and total cumulative return in cash records $94,006. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,270/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
$1,552 quarterly 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: Diana Fahmie PA • The Keyes Company
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11865726
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.