6185 NW 77 Place, Parkland, FL, 33067 | $378/mo Cash Flow | Ziffy
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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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

Rental property for sale in Parkland at 6185 NW 77 Place, Parkland, FL, 33067 generates $3,696/mo in rent and, after a $2,447/mo payment, leaves $378/mo in cash flow. Total monthly income is $3,696/mo, and annual cash flow is $4,540/yr on $165,717 invested. Return on cash invested sits at 22.65% in year one, and rental yield is 8.87% on a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 118.13% and total cumulative return in cash sums $195,756. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,696/mo property income rather than buyer’s personal income.

Single Family

Built in 1991

4,751 sqft lot

$N/A/sqft

No HOA

More details about the property

SWEAT EQUITY!! Finally, a handy home in coveted classy East Parkland offering top schools, shopping, restaurants and worship, just a jot down the road. This amazing fixer upper has outstanding bones, 15 years left of life on the roof and a 2024 AC. Wait, there's more, brand new hardwood shaker kitchen cabinets, contemporary quartz counters, and top of the line Kitchen Aid stainless appliances finish off this home priced to sell overnight! Large bedrooms, volume ceilings, indoor laundry room, screened patio make this an easy choice. Best deal in Parkland and ready to go! Third bedroom opened without closet for extended living space but easy conversion. Home needs paint, flooring and a little bathroom imagination to reach its full potential. Loads of equity for fix and flip.. or perfect for handy home buyers or investors. Cash or strong down payment with quick closing preferred. Run to this lovely home before it's gone. Offers to be reviewed after Dec 1st due to travel. Thank you for your patience.

Neighborhood Data

Neighborhood data shown for ZIP Code: 33067, Pompano Beach, FL area.

Housing Distribution

Housing Statistics

CategoryValue
Total HU (Housing Units)9,573 (100%)
Owner Occupied HU7,045 (73.6%)
Renter Occupied HU2,293 (24.0%)
Vacant Housing Units235 ( 2.5%)
Median Home Value$708,632
Average Home Value$768,930

Address Breakdown

Residential

10,134

Single Family

7,903

Multi-Family

2,231

Businesses

739

Price History

Date

Event

Price

No price history data available

Tax History

Date

Tax Paid

Tax Increase Rate

Value

Value Increase Rate

No tax history data available
Loan officer
Loan officer
Loan officer
Powered by
Ziffy Mortgage
NMLS #2625701
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Facts & Features

General Information

  • Type: SingleFamily
  • Year Built: 1991
  • Architectural Style: N/A
  • Building Area: N/A
  • Living Area: N/A
  • Property Condition: N/A

Features & Amenities

  • Heating: N/A
  • Cooling: N/A
  • Flooring: N/A
  • Interior Features: N/A
  • Exterior Features: N/A
  • Parking Features: Garage - Attached, Auto Garage Open, Commercial Vehicles Prohibited

Location

  • City: Parkland
  • State: FL
  • Subdivision: N/A
  • Lot Size: 4,751 sqft
  • Lot Features: N/A
  • View: N/A

HOA & Fees

  • HOA Fee: N/A
  • Association Fee: N/A
  • Fees & Dues: N/A
  • Association Amenities: N/A
  • Association Fee Includes: N/A

Utilities

  • Utilities: N/A
  • Sewer: N/A
  • Water Source: N/A
  • Road Surface Type: N/A

School Information

  • Elementary School: N/A
  • Middle School: N/A
  • High School: N/A

Listed by: Wendy L Jensen • Real-Tour Estates LLC 

Mls Name: BeachesMLS

Mls ID: #RX-11142844

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