7967 Exeter Blvd #203TamaracFL33321
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 7967 Exeter Blvd #203, Tamarac, FL, 33321 uses $142,545 cash to close to unlock $8,977/yr annual cash flow and $748/mo monthly cash flow. Total monthly income runs $3,602/mo, and a $2,105/mo payment keeps the spread at $748/mo. Purchase price stands at $430,000, and rental yield measures 10.05% with $3,602/mo rent. Return on cash invested shows 26.21% in year one, and 5% annual appreciation builds toward $118,801 over five years. Five-year ROI reaches 137.23% and total cumulative return in cash records $195,615. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,602/mo property income covering a $2,105/mo payment rather than investor’s personal income.
Condo
Built in 2000
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices