7821 SW 1st StMargateFL33068
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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 Margate at 7821 SW 1st St, Margate, FL, 33068 uses $157,794 cash to close to unlock $11,805/yr annual cash flow and $984/mo monthly cash flow. Total monthly income runs $4,236/mo, and a $2,330/mo payment keeps the spread at $984/mo. Purchase price stands at $476,000, and rental yield measures 10.68% with $4,236/mo rent. Return on cash invested shows 27.39% in year one, and 5% annual appreciation builds toward $131,510 over five years. Five-year ROI reaches 143.81% and total cumulative return in cash records $226,917. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,236/mo property income covering a $2,330/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33068, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,276 (100%) |
| Owner Occupied HU | 10,191 (55.8%) |
| Renter Occupied HU | 7,006 (38.3%) |
| Vacant Housing Units | 1,079 ( 5.9%) |
| Median Home Value | $351,558 |
| Average Home Value | $407,427 |
Housing Distribution
Address Breakdown
Residential
18,138
Single Family
12,286
Multi-Family
5,852
Businesses
556
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Listed by: Abdulla Richards • AR1 State of the Art Real Estate, Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11716713
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.