6789 NW 128th WayParklandFL33076
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Parkland at 6789 NW 128th Way, Parkland, FL, 33076 offers a 10.23% rental yield on a $899,217 purchase with $7,668/mo rent. Total monthly income registers $7,668/mo, and a $4,401/mo payment leaves $1,701/mo available for distribution. Annual cash flow reaches $20,410/yr on $295,842 to close, and return on cash invested stands at 26.96% in year one. Equity gained on principal adds $5,803/yr while 5% annual appreciation supports $248,437 over five years. Portfolio math shows five-year ROI at 141.2% and total cumulative return in cash at $417,726. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,668/mo property income against a $4,401/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
0.28 Acres lot
$N/A/sqft
No HOA
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices