6973 Broadland WayCoconut 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
Investment property for sale in Coconut Creek at 6973 Broadland Way, Coconut Creek, FL, 33073 uses $152,159 cash to close to unlock $3,942/yr annual cash flow and $328/mo monthly cash flow. Total monthly income runs $3,941/mo, and a $2,247/mo payment keeps the spread at $328/mo. Purchase price stands at $459,000, and rental yield measures 10.3% with $3,941/mo rent. Return on cash invested shows 22.5% in year one, and 5% annual appreciation builds toward $126,813 over five years. Five-year ROI reaches 118.94% and total cumulative return in cash records $180,983. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,941/mo property income covering a $2,247/mo payment rather than investor’s personal income.
Townhouse
Built in 2017
N/A lot
$N/A/sqft
$192 monthly 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: Sandra Rathe • Keller Williams Legacy
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11882659
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.