5913 NW 56th Court, Tamarac, FL, 33319 | $742/mo Cash Flow

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 Tamarac at 5913 NW 56th Court, Tamarac, FL, 33319 offers a 10.09% rental yield on a $419,000 purchase with $3,523/mo rent. Total monthly income registers $3,523/mo, and a $2,051/mo payment leaves $742/mo available for distribution. Annual cash flow reaches $8,907/yr on $138,899 to close, and return on cash invested stands at 26.32% in year one. Equity gained on principal adds $2,704/yr while 5% annual appreciation supports $115,762 over five years. Portfolio math shows five-year ROI at 137.84% and total cumulative return in cash at $191,453. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,523/mo property income against a $2,051/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 2016

1,602 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this well-cared-for 3-bedroom, 2.5-bath townhome in the desirable community of Chelsea Place. Built in 2016, the home features a freshly painted interior and a few tasteful updates that add a clean, modern touch. The open-concept main level offers a spacious living and dining area, while all three bedrooms and a full-size laundry room are located upstairs for added convenience. The kitchen includes granite countertops, stainless steel appliances, and ample cabinet space. Enjoy a private patio, one-car garage, and low-maintenance living in a quiet, centrally located neighborhood close to shopping, dining, and major roadways.

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