5544 NW 54th CirCoconut 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
Rental property for sale in Coconut Creek at 5544 NW 54th Cir, Coconut Creek, FL, 33073 generates $5,640/mo in rent and, after a $2,932/mo payment, leaves $1,258/mo in cash flow. Total monthly income is $5,640/mo, and annual cash flow is $15,098/yr on $197,071 invested. Return on cash invested sits at 27.72% in year one, and rental yield is 11.3% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 146.21% and total cumulative return in cash sums $288,130. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,640/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
6,864 sqft lot
$N/A/sqft
$215 quarterly HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2024-08-13 | Price change | $599,000 |
| 2024-08-07 | Price change | $635,000 |
| 2024-07-25 | Listed for sale | $645,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-03 | $9352.98 | 25.62% | $385,400 | 3.13% |
| 2022-09-03 | $7445.63 | 166.43% | $373,710 | 107.81% |
| 2021-09-03 | $2794.60 | -2.86% | $179,830 | 1.40% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1990
- Architectural Style: N/A
- Building Area: 2,105
- Living Area: 1,609 sqft
- Property Condition: As Is
Features & Amenities
- Heating: Central
- Cooling: Ceiling Fan(s), Central Air
- Flooring: Tile
- Interior Features: Built-in Features
- Exterior Features: N/A
- Parking Features: Driveway, Attached, No Rv/Boats, No Trucks/Trailers, Automatic Garage Door Opener
Location
- City: Coconut Creek
- State: FL
- Subdivision: Lauren's Turn
- Lot Size: 6,864 sqft
- Lot Features: Less Than 1/4 Acre Lot
- View: None
HOA & Fees
- HOA Fee: $215 quarterly
- Association Fee: $215 quarterly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Cable Available
- Sewer: Public Sewer
- Water Source: Municipal Water
- Road Surface Type: N/A
School Information
- Elementary School: Winston Park
- Middle School: Lyons Creek
- High School: Monarch
Listed by: Dawn Serralles • Coldwell Banker Realty
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10451563
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 2024 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.