6512 NW 99th AveParklandFL33076
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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 Parkland at 6512 NW 99th Ave, Parkland, FL, 33076 generates $3,789/mo in rent, after a $5,482/mo payment. Total monthly income is $3,789/mo. Return on cash invested sits at 7.25% in year one, and rental yield is 4.06% on a $1,120,000 entry. Equity gained on principal adds $7,227/yr, while 5% annual appreciation builds toward $309,435 over five years. Five-year ROI reaches 35.84% and total cumulative return in cash sums $130,043. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,789/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
10,466 sqft lot
$N/A/sqft
$325 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 33076, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,728 (100%) |
| Owner Occupied HU | 12,179 (82.7%) |
| Renter Occupied HU | 2,064 (14.0%) |
| Vacant Housing Units | 485 ( 3.3%) |
| Median Home Value | $753,559 |
| Average Home Value | $830,827 |
Housing Distribution
Address Breakdown
Residential
14,698
Single Family
13,081
Multi-Family
1,617
Businesses
503
Price History
Date | Event | Price |
|---|---|---|
| 2025-01-13 | Listed for sale | $1,120,000 |
| 2024-11-07 | Listing removed | $1,190,000 |
| 2024-10-31 | Listed for sale | $1,190,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-11 | $7707.92 | -1.74% | $399,340 | 3.00% |
| 2023-02-11 | $7844.07 | 5.12% | $387,710 | 3.00% |
| 2022-02-11 | $7462.21 | 4.94% | $376,420 | 3.00% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1995
- Architectural Style: N/A
- Building Area: N/A
- Living Area: 2,993 sqft
- Property Condition: As Is
Features & Amenities
- Heating: Central, Electric
- Cooling: Ceiling Fan(s), Central Air, Electric
- Flooring: Tile
- Interior Features: Kitchen Island, Pantry, Roman Tub, 3 Bedroom Split, Volume Ceilings, Walk-In Closet(s)
- Exterior Features: N/A
- Parking Features: Driveway, Attached, Automatic Garage Door Opener
Location
HOA & Fees
- HOA Fee: $325 monthly
- Association Fee: $325 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Municipal Water
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: Westglades
- High School: Marjory Stoneman Douglas
Listed by: David Phelps • Re/Max 1st Choice
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10479627
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.