4963 NW 58th AveCoral SpringsFL33067
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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 4963 NW 58th Ave, Coral Springs, FL, 33067 uses $276,360 cash to close to unlock $2,904/yr annual cash flow and $242/mo monthly cash flow. Total monthly income runs $5,816/mo, and a $4,111/mo payment keeps the spread at $242/mo. Purchase price stands at $840,000, and rental yield measures 8.31% with $5,816/mo rent. Return on cash invested shows 21.11% in year one, and 5% annual appreciation builds toward $232,077 over five years. Five-year ROI reaches 109.84% and total cumulative return in cash records $303,542. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,816/mo property income covering a $4,111/mo payment rather than investor’s personal income.
Single Family
Built in 1998
10,446 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33067, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,573 (100%) |
| Owner Occupied HU | 7,045 (73.6%) |
| Renter Occupied HU | 2,293 (24.0%) |
| Vacant Housing Units | 235 ( 2.5%) |
| Median Home Value | $708,632 |
| Average Home Value | $768,930 |
Housing Distribution
Address Breakdown
Residential
10,134
Single Family
7,903
Multi-Family
2,231
Businesses
739
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Listed by: Zeyang Li • Coldwell Banker Realty
Mls Name: MIAMI
Mls ID: #A11940054