7911 Southgate Blvd APT B1North LauderdaleFL33068
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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
Rental property for sale in North Lauderdale at 7911 Southgate Blvd APT B1, North Lauderdale, FL, 33068 priced at $252,500 converts $1,801/mo rent into after a $1,236/mo obligation. Total monthly income equals $1,801/mo. Return on cash invested prints 16.11% in year one, and rental yield reads 8.56% against a $252,500 entry. Equity gained on principal adds $1,629/yr, while 5% annual appreciation compiles into $69,761 by year five. Five-year ROI reaches 85.15% and total cumulative return in cash sums $71,271. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,801/mo property income covering a $1,236/mo payment, not borrower’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
$390 monthly 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: Mitchell Lvovsky • Cutting Edge Investments & Realty Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11726035
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.