7210 Wisteria AveParklandFL33076
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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 Parkland at 7210 Wisteria Ave, Parkland, FL, 33076 priced at $1,950,000 converts $6,208/mo rent into after a $9,544/mo obligation. Total monthly income equals $6,208/mo. Return on cash invested prints 5.37% in year one, and rental yield reads 3.82% against a $1,950,000 entry. Equity gained on principal adds $12,583/yr, while 5% annual appreciation compiles into $538,749 by year five. Five-year ROI reaches 26.19% and total cumulative return in cash sums $165,461. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,208/mo property income covering a $9,544/mo payment, not borrower’s personal income.
Single Family
Built in 2005
8,862 sqft lot
$N/A/sqft
$1,164 monthly 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
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Listed by: Steve Kaminer • Coldwell Banker Realty
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10492792
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.