6707 NW 70th StTamaracFL33321
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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 Tamarac at 6707 NW 70th St, Tamarac, FL, 33321 earns $3/mo cash flow from $2,779/mo rent with a $1,761/mo payment. Total monthly income totals $2,779/mo, and annual cash flow totals $30/yr on $119,274 capital. ROI tracks 19.93% on current figures, and rental yield reads 9.27% at a $359,800 purchase. Equity gained on principal adds $2,322/yr, and 5% annual appreciation supports $99,406 over five years. Five-year ROI reaches 104.99% and total cumulative return in cash sums $125,227. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,779/mo property income instead of your personal income.
Single Family
Built in 1972
4,930 sqft lot
$N/A/sqft
$110 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33321, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,498 (100%) |
| Owner Occupied HU | 17,214 (70.3%) |
| Renter Occupied HU | 5,985 (24.4%) |
| Vacant Housing Units | 1,299 ( 5.3%) |
| Median Home Value | $328,775 |
| Average Home Value | $352,562 |
Housing Distribution
Address Breakdown
Residential
23,229
Single Family
14,300
Multi-Family
8,929
Businesses
763
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Listed by: Sherise James • LoKation
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11732995
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.