711 N Pine Island Rd #106PlantationFL33324
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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 Plantation at 711 N Pine Island Rd #106, Plantation, FL, 33324 listed at $150,000 pairs $1,201/mo rent with a $734/mo payment to leave $206/mo cash flow. Total monthly income runs $1,201/mo, and annual cash flow reaches $2,469/yr on $49,725 cash to close. Return on cash invested measures 24.87% in year one, and rental yield registers 9.61% at a $150,000 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,442 by year five. Five-year ROI tracks 130.09% and total cumulative return in cash totals $64,686. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,201/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1985
N/A lot
$N/A/sqft
No 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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Listed by: Eric Solomon • Solomon Homes
Mls Name: BeachesMLS
Mls ID: #F10512646