3590 N University Dr #V-6Coral 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 3590 N University Dr #V-6, Coral Springs, FL, 33065 uses $62,985 cash to close to unlock $15,181/yr annual cash flow and $1,265/mo monthly cash flow. Total monthly income runs $2,526/mo, and a $930/mo payment keeps the spread at $1,265/mo. Purchase price stands at $190,000, and rental yield measures 15.95% with $2,526/mo rent. Return on cash invested shows 44.01% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 232.76% and total cumulative return in cash records $146,604. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,526/mo property income covering a $930/mo payment rather than investor’s personal income.
Condo
Built in 1982
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: Erika Gillis • Impact Realty Tampa Bay
Mls Name: BeachesMLS
Mls ID: #F10530208