4512 NW 60th StCoconut CreekFL33073
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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 Coconut Creek at 4512 NW 60th St, Coconut Creek, FL, 33073 listed at $519,000 pairs $4,110/mo rent with a $2,540/mo payment to leave $666/mo cash flow. Total monthly income runs $4,110/mo, and annual cash flow reaches $7,993/yr on $170,751 cash to close. Return on cash invested measures 24.74% in year one, and rental yield registers 9.5% at a $519,000 basis. Equity gained on principal adds $3,349/yr, and annual property appreciation at 5% supports $143,390 by year five. Five-year ROI tracks 129.34% and total cumulative return in cash totals $220,845. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,110/mo property income relative to a $2,540/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
4,937 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33073, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,950 (100%) |
| Owner Occupied HU | 7,427 (57.4%) |
| Renter Occupied HU | 4,980 (38.5%) |
| Vacant Housing Units | 543 ( 4.2%) |
| Median Home Value | $481,927 |
| Average Home Value | $490,357 |
Housing Distribution
Address Breakdown
Residential
12,644
Single Family
8,590
Multi-Family
4,054
Businesses
1,199
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Listed by: Silvana Carlotto PA • The Cardenas Group Realty
Mls Name: MIAMI
Mls ID: #A11942081