7336 NW 61st Ter, Parkland, FL, 33067 | $1,032/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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7336 NW 61st Ter, Parkland, FL, 33067 | $1,032/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Parkland at 7336 NW 61st Ter, Parkland, FL, 33067 uses $179,305 cash to close to unlock $12,381/yr annual cash flow and $1,032/mo monthly cash flow. Total monthly income runs $4,649/mo, and a $2,668/mo payment keeps the spread at $1,032/mo. Purchase price stands at $545,000, and rental yield measures 10.24% with $4,649/mo rent. Return on cash invested shows 26.97% in year one, and 5% annual appreciation builds toward $150,573 over five years. Five-year ROI reaches 141.24% and total cumulative return in cash records $253,248. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,649/mo property income covering a $2,668/mo payment rather than investor’s personal income.

Townhouse

Built in 1996

N/A lot

$N/A/sqft

No HOA

More details about the property

Come see this spacious townhouse in the sought after community of Parkland Terrances. This home features 4 ample bedrooms (one room is opened currently being used as a den/loft) and 2.5 bathrooms, high ceilings and a comfortable layout! The main level offers tile flooring throughout, a master bedroom with walk-in closets and a master bath with double sinks. Enjoy the convenience of a bath and laundry area downstairs, plus a 1-car garage. The kitchen includes white appliances and overlooks a screened-in patio with peaceful canal views. Upstairs features carpeted floors, 2 bedrooms, and a versatile den that can easily be converted back into a 4th bedroom. Additional highlights include a newer A/C (56 years old) and a new roof coming soon (special assessment $125/month).

Neighborhood Data

Neighborhood data shown for ZIP Code: 33067, Pompano Beach, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,573 (100%)
Owner Occupied HU	7,045 (73.6%)
Renter Occupied HU	2,293 (24.0%)
Vacant Housing Units	235 ( 2.5%)
Median Home Value	$708,632
Average Home Value	$768,930