5920 NW 61st MnrParklandFL33067
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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 Parkland at 5920 NW 61st Mnr, Parkland, FL, 33067 earns $1,980/mo cash flow from $8,056/mo rent with a $4,381/mo payment. Total monthly income totals $8,056/mo, and annual cash flow totals $23,754/yr on $294,455 capital. ROI tracks 28.13% on current figures, and rental yield reads 10.8% at a $895,000 purchase. Equity gained on principal adds $5,775/yr, and 5% annual appreciation supports $247,272 over five years. Five-year ROI reaches 147.67% and total cumulative return in cash sums $434,834. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $8,056/mo property income instead of your personal income.
Single Family
Built in 1990
0.31 Acres lot
$N/A/sqft
$410 quarterly HOA
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 |
Housing Distribution
Address Breakdown
Residential
10,134
Single Family
7,903
Multi-Family
2,231
Businesses
739
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Listed by: Austin Baris • Miles Goldstein Real Estate
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11643876
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.