8105 NW 61st St APT A312, Tamarac, FL, 33321 | $123/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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8105 NW 61st St APT A312, Tamarac, FL, 33321 | $123/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Tamarac at 8105 NW 61st St APT A312, Tamarac, FL, 33321 offers a 8.61% rental yield on a $230,000 purchase with $1,650/mo rent. Total monthly income registers $1,650/mo, and a $1,126/mo payment leaves $123/mo available for distribution. Annual cash flow reaches $1,481/yr on $76,245 to close, and return on cash invested stands at 21.85% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,545 over five years. Portfolio math shows five-year ROI at 113.88% and total cumulative return in cash at $86,827. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,650/mo property income against a $1,126/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1974

N/A lot

$N/A/sqft

No HOA

More details about the property

Spectacular 3rd floor unit, diamond design tile flooring in kitchen and living room. Breathtaking view of canal, golf course, right from living room, kitchen and master bedroom. Oversized balcony with pulldown aluminum hurricane shutter. One of a kind, unique kitchen cabinetry, all the way to the ceiling. Floor to ceiling mirrors in dining area complimenting the room beautifully. Newer central air conditioning, hot water heater are just a few years old. Unit comes with storage locker, down the hall in a separate room. Assigned parking, Club house, tennis court and swimming pool for your pleasure. This is a 55 and older building. It is required that you must own the unit for One year, before you can rent. fantastic location, quiet, peaceful, with convenient access to all major venues.

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