4104 NW 88th Ave APT 1Coral 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 4104 NW 88th Ave APT 1, Coral Springs, FL, 33065 offers a 9.41% rental yield on a $100,000 purchase with $784/mo rent. Total monthly income registers $784/mo, and a $489/mo payment leaves $121/mo available for distribution. Annual cash flow reaches $1,450/yr on $33,150 to close, and return on cash invested stands at 24.28% in year one. Equity gained on principal adds $645/yr while 5% annual appreciation supports $27,628 over five years. Portfolio math shows five-year ROI at 126.89% and total cumulative return in cash at $42,064. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $784/mo property income against a $489/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1973
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: Debra Dunbar • Douglas Elliman
Mls Name: MIAMI
Mls ID: #A11861612