741 Lyons Rd #17201Coconut CreekFL33063
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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 Coconut Creek at 741 Lyons Rd #17201, Coconut Creek, FL, 33063 listed at $249,000 pairs $2,446/mo rent with a $1,219/mo payment to leave $793/mo cash flow. Total monthly income runs $2,446/mo, and annual cash flow reaches $9,520/yr on $82,544 cash to close. Return on cash invested measures 31.44% in year one, and rental yield registers 11.79% at a $249,000 basis. Equity gained on principal adds $1,607/yr, and annual property appreciation at 5% supports $68,794 by year five. Five-year ROI tracks 165.32% and total cumulative return in cash totals $136,460. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,446/mo property income relative to a $1,219/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33063, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,056 (100%) |
| Owner Occupied HU | 16,872 (64.8%) |
| Renter Occupied HU | 7,163 (27.5%) |
| Vacant Housing Units | 2,021 ( 7.8%) |
| Median Home Value | $373,620 |
| Average Home Value | $403,237 |
Housing Distribution
Address Breakdown
Residential
24,659
Single Family
15,663
Multi-Family
8,996
Businesses
1,414
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Listed by: Fernando Silva Tolomelli • Max C&T Realty LLC
Mls Name: BeachesMLS
Mls ID: #RX-11134104