3740 NW 89th WayCooper CityFL33024
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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 Cooper City at 3740 NW 89th Way, Cooper City, FL, 33024 earns from $8,134/mo rent with a $5,873/mo payment. Total monthly income totals $8,134/mo. ROI tracks 20.23% on current figures, and rental yield reads 8.13% at a $1,200,000 purchase. Equity gained on principal adds $7,743/yr, and 5% annual appreciation supports $331,538 over five years. Five-year ROI reaches 105.29% and total cumulative return in cash sums $409,367. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $8,134/mo property income instead of your personal income.
Single Family
Built in 2000
10,820 sqft lot
$N/A/sqft
$475 semi-annually HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 33024, Hollywood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,617 (100%) |
| Owner Occupied HU | 17,437 (65.5%) |
| Renter Occupied HU | 8,542 (32.1%) |
| Vacant Housing Units | 638 ( 2.4%) |
| Median Home Value | $431,114 |
| Average Home Value | $496,524 |
Housing Distribution
Address Breakdown
Residential
25,698
Single Family
21,518
Multi-Family
4,180
Businesses
1,921
Price History
Date | Event | Price |
|---|---|---|
| 2025-06-26 | Sold | $1,200,000 |
| 2025-05-12 | Listed for sale | $1,250,000 |
| 2023-03-17 | Sold | $1,015,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $12337.37 | 2.71% | $673,770 | 2.88% |
| 2023-10-23 | $12011.47 | 5.91% | $654,940 | 3.00% |
| 2022-10-23 | $11340.79 | -0.02% | $635,870 | 3.00% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2000
- Architectural Style: N/A
- Building Area: N/A
- Living Area: 3,208 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Electric
- Cooling: Ceiling Fan(s), Electric
- Flooring: Tile
- Interior Features: First Floor Entry, Built-in Features, Closet Cabinetry, Kitchen Island, Pantry
- Exterior Features: N/A
- Parking Features: Circular Driveway, Garage Door Opener
Location
- City: Cooper City
- State: FL
- Subdivision: Diamond Head 155-24 B
- Lot Size: 10,820 sqft
- Lot Features: Less Than 1/4 Acre Lot
- View: Lake
HOA & Fees
- HOA Fee: $475 semi-annually
- Association Fee: $475 semi-annually
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Embassy Creek
- Middle School: Pioneer
- High School: Cooper City
Listed by: Benjamin Schulman • CMV Realty LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10499633
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.