7395 N Devon Dr #206TamaracFL33321
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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 Tamarac at 7395 N Devon Dr #206, Tamarac, FL, 33321 earns $1,475/mo cash flow from $2,628/mo rent with a $850/mo payment. Total monthly income totals $2,628/mo, and annual cash flow totals $17,705/yr on $57,598 capital. ROI tracks 50.65% on current figures, and rental yield reads 18.15% at a $173,750 purchase. Equity gained on principal adds $1,121/yr, and 5% annual appreciation supports $48,004 over five years. Five-year ROI reaches 268.32% and total cumulative return in cash sums $154,546. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,628/mo property income instead of your personal income.
Condo
Built in 1991
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33321, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,498 (100%) |
| Owner Occupied HU | 17,214 (70.3%) |
| Renter Occupied HU | 5,985 (24.4%) |
| Vacant Housing Units | 1,299 ( 5.3%) |
| Median Home Value | $328,775 |
| Average Home Value | $352,562 |
Housing Distribution
Address Breakdown
Residential
23,229
Single Family
14,300
Multi-Family
8,929
Businesses
763
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