601 NW 76th TerPlantationFL33324
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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 Plantation at 601 NW 76th Ter, Plantation, FL, 33324 uses $227,010 cash to close to unlock $13,227/yr annual cash flow and $1,102/mo monthly cash flow. Total monthly income runs $5,681/mo, and a $3,377/mo payment keeps the spread at $1,102/mo. Purchase price stands at $690,000, and rental yield measures 9.88% with $5,681/mo rent. Return on cash invested shows 25.89% in year one, and 5% annual appreciation builds toward $190,634 over five years. Five-year ROI reaches 135.47% and total cumulative return in cash records $307,532. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,681/mo property income covering a $3,377/mo payment rather than investor’s personal income.
Single Family
Built in 1977
9,021 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33324, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,031 (100%) |
| Owner Occupied HU | 11,966 (49.8%) |
| Renter Occupied HU | 10,499 (43.7%) |
| Vacant Housing Units | 1,566 ( 6.5%) |
| Median Home Value | $461,489 |
| Average Home Value | $552,528 |
Housing Distribution
Address Breakdown
Residential
23,679
Single Family
13,758
Multi-Family
9,921
Businesses
1,481
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Listed by: Robbi Auerbach • LoKation
Mls Name: BeachesMLS
Mls ID: #F10528065