741 E Coco Plum Cir APT 2PlantationFL33324
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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 741 E Coco Plum Cir APT 2, Plantation, FL, 33324 uses $138,899 cash to close to unlock $532/yr annual cash flow and $44/mo monthly cash flow. Total monthly income runs $3,474/mo, and a $2,051/mo payment keeps the spread at $44/mo. Purchase price stands at $419,000, and rental yield measures 9.95% with $3,474/mo rent. Return on cash invested shows 20.29% in year one, and 5% annual appreciation builds toward $115,762 over five years. Five-year ROI reaches 107.53% and total cumulative return in cash records $149,357. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,474/mo property income covering a $2,051/mo payment rather than investor’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
$350 monthly HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2025-02-07 | Listed for sale | $419,000 |
| 2022-10-28 | Listing removed | N/A |
| 2022-10-05 | Price change | $3,150 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-14 | $7313.87 | 0.36% | $357,210 | 1.52% |
| 2023-02-14 | $7287.57 | 19.92% | $351,870 | 18.69% |
| 2022-02-14 | $6077.02 | 350.62% | $296,470 | 179.90% |
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Facts & Features
General Information
- Type: Condo
- Year Built: 1974
- Architectural Style: N/A
- Building Area: 2,120
- Living Area: 2,120 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central
- Cooling: Central Air
- Flooring: Wood
- Interior Features: N/A
- Exterior Features: None, Tennis Court(s)
- Parking Features: 2 Or More Spaces
Location
- City: Plantation
- State: FL
- Subdivision: Majestic View Condo Numbe
- Lot Size: N/A
- Lot Features: N/A
- View: None
HOA & Fees
- HOA Fee: $350 monthly
- Association Fee: $350 monthly
- Fees & Dues: N/A
- Association Amenities: Tennis Court(s)
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Hasnain Ali • Interinvestments Realty, Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11740793
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.