6020 NW 44th AveCoconut CreekFL33073
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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
Rental property for sale in Coconut Creek at 6020 NW 44th Ave, Coconut Creek, FL, 33073 generates $4,097/mo in rent and, after a $2,349/mo payment, leaves $912/mo in cash flow. Total monthly income is $4,097/mo, and annual cash flow is $10,944/yr on $159,120 invested. Return on cash invested sits at 26.79% in year one, and rental yield is 10.24% on a $480,000 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation builds toward $132,615 over five years. Five-year ROI reaches 140.29% and total cumulative return in cash sums $223,229. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,097/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
4,726 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33073, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,950 (100%) |
| Owner Occupied HU | 7,427 (57.4%) |
| Renter Occupied HU | 4,980 (38.5%) |
| Vacant Housing Units | 543 ( 4.2%) |
| Median Home Value | $481,927 |
| Average Home Value | $490,357 |
Housing Distribution
Address Breakdown
Residential
12,644
Single Family
8,590
Multi-Family
4,054
Businesses
1,199
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Listed by: Louvenia Lewis • TruRealty Inc.
Mls Name: BeachesMLS
Mls ID: #F10537610