5702 Melaleuca DrTamaracFL33319
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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 Tamarac at 5702 Melaleuca Dr, Tamarac, FL, 33319 uses $227,010 cash to close to unlock $1,923/yr annual cash flow and $160/mo monthly cash flow. Total monthly income runs $4,739/mo, and a $3,377/mo payment keeps the spread at $160/mo. Purchase price stands at $690,000, and rental yield measures 8.24% with $4,739/mo rent. Return on cash invested shows 20.91% in year one, and 5% annual appreciation builds toward $190,634 over five years. Five-year ROI reaches 108.77% and total cumulative return in cash records $246,908. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,739/mo property income covering a $3,377/mo payment rather than investor’s personal income.
Single Family
Built in 1971
9,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33319, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,450 (100%) |
| Owner Occupied HU | 14,360 (56.4%) |
| Renter Occupied HU | 7,438 (29.2%) |
| Vacant Housing Units | 3,652 (14.3%) |
| Median Home Value | $302,525 |
| Average Home Value | $390,507 |
Housing Distribution
Address Breakdown
Residential
23,347
Single Family
10,786
Multi-Family
12,561
Businesses
988
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