5721 Riverside Dr #202B5, Coral Springs, FL, 33067 | $36/mo Cash Flow

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5721 Riverside Dr #202B5, Coral Springs, FL, 33067 | $36/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Coral Springs at 5721 Riverside Dr #202B5, Coral Springs, FL, 33067 earns $36/mo cash flow from $1,689/mo rent with a $1,219/mo payment. Total monthly income totals $1,689/mo, and annual cash flow totals $436/yr on $82,544 capital. ROI tracks 20.44% on current figures, and rental yield reads 8.14% at a $249,000 purchase. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 over five years. Five-year ROI reaches 106.3% and total cumulative return in cash sums $87,740. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,689/mo property income instead of your personal income.

Condo

Built in 1988

N/A lot

$N/A/sqft

No HOA

More details about the property

Beautiful and renovated apartment in the desirable community of Grand Oasis. All tiled in living areas. Vinyl floors in both bedrooms. The Kitchen has upgraded cabinets and granite countertops. New Frontal Door Washer and Dryer. Screened balcony with a nice view of the canal. Grand Oasis is an all-ages community that features a gorgeous community pool, tennis courts, and a beautiful fitness center.

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