5692 NW 41st AveCoconut 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 5692 NW 41st Ave, Coconut Creek, FL, 33073 offers a 13.73% rental yield on a $643,777 purchase with $7,367/mo rent. Total monthly income registers $7,367/mo, and a $3,151/mo payment leaves $2,774/mo available for distribution. Annual cash flow reaches $33,283/yr on $211,803 to close, and return on cash invested stands at 35.77% in year one. Equity gained on principal adds $4,154/yr while 5% annual appreciation supports $177,864 over five years. Portfolio math shows five-year ROI at 189.14% and total cumulative return in cash at $400,612. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,367/mo property income against a $3,151/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
7,916 sqft lot
$N/A/sqft
$300 annually 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: Jason Berger P.A. • LoKation
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10447520
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.