700 E Coco Plum Cir APT 8PlantationFL33324
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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 Plantation at 700 E Coco Plum Cir APT 8, Plantation, FL, 33324 generates $3,266/mo in rent and, after a $1,981/mo payment, leaves $123/mo in cash flow. Total monthly income is $3,266/mo, and annual cash flow is $1,476/yr on $134,191 invested. Return on cash invested sits at 21.01% in year one, and rental yield is 9.68% on a $404,800 entry. Equity gained on principal adds $2,612/yr, while 5% annual appreciation builds toward $111,839 over five years. Five-year ROI reaches 110.8% and total cumulative return in cash sums $148,679. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,266/mo property income rather than buyer’s personal income.
Multi Family
Built in 1974
1,550 sqft lot
$N/A/sqft
$457 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33324, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,031 (100%) |
| Owner Occupied HU | 11,966 (49.8%) |
| Renter Occupied HU | 10,499 (43.7%) |
| Vacant Housing Units | 1,566 ( 6.5%) |
| Median Home Value | $461,489 |
| Average Home Value | $552,528 |
Housing Distribution
Address Breakdown
Residential
23,679
Single Family
13,758
Multi-Family
9,921
Businesses
1,481
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