7931 Southgate Blvd APT E12North 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
Investment property for sale in North Lauderdale at 7931 Southgate Blvd APT E12, North Lauderdale, FL, 33068 offers a 8.12% rental yield on a $232,500 purchase with $1,573/mo rent. 69% in year one. Equity gained on principal adds $1,500/yr while 5% annual appreciation supports $64,235 over five years. Portfolio math shows five-year ROI at 77.5% and total cumulative return in cash at $59,736. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,573/mo property income against a $1,138/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1984
N/A lot
$N/A/sqft
$355 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: Donnie Weatherspoon Jr • Florida Realty of Miami Corp
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11743229
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.