7623 Southampton Ter #112TamaracFL33321
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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 7623 Southampton Ter #112, Tamarac, FL, 33321 offers a 8.03% rental yield on a $214,999 purchase with $1,439/mo rent. Total monthly income registers $1,439/mo, and a $1,052/mo payment leaves $13/mo available for distribution. Annual cash flow reaches $150/yr on $71,272 to close, and return on cash invested stands at 20.12% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,400 over five years. Portfolio math shows five-year ROI at 104.56% and total cumulative return in cash at $74,521. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,439/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2002
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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