8398 NW 17th CtCoral SpringsFL33071
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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 Coral Springs at 8398 NW 17th Ct, Coral Springs, FL, 33071 generates $5,783/mo in rent and, after a $3,670/mo payment, leaves $448/mo in cash flow. Total monthly income is $5,783/mo, and annual cash flow is $5,371/yr on $246,717 invested. Return on cash invested sits at 22.24% in year one, and rental yield is 9.25% on a $749,900 entry. Equity gained on principal adds $4,839/yr, while 5% annual appreciation builds toward $207,184 over five years. Five-year ROI reaches 116.52% and total cumulative return in cash sums $287,470. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,783/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
0.32 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 33071, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,674 (100%) |
| Owner Occupied HU | 9,464 (64.5%) |
| Renter Occupied HU | 4,764 (32.5%) |
| Vacant Housing Units | 446 ( 3.0%) |
| Median Home Value | $587,718 |
| Average Home Value | $600,818 |
Housing Distribution
Address Breakdown
Residential
13,659
Single Family
10,505
Multi-Family
3,154
Businesses
741
Price History
Date | Event | Price |
|---|---|---|
| 2025-03-28 | Listed for sale | $749,900 |
| 2022-05-31 | Sold | $581,000 |
| 2022-04-19 | Pending sale | $539,500 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-28 | $10983.16 | 2.73% | $524,170 | 3.00% |
| 2023-03-28 | $10691.22 | 978.44% | $508,910 | 34.06% |
| 2022-03-28 | $991.36 | 4.72% | $379,610 | 3.00% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1974
- Architectural Style: N/A
- Building Area: 3,044
- Living Area: 2,092 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central
- Cooling: Ceiling Fan(s), Central Air
- Flooring: N/A
- Interior Features: Split Bedroom, Walk-In Closet(s), Den/Library/Office
- Exterior Features: Lighting
- Parking Features: Driveway, Automatic Garage Door Opener
Location
- City: Coral Springs
- State: FL
- Subdivision: Ramblewood,Royal Palm Community
- Lot Size: 0.32 Acres
- Lot Features: 1/4 To Less Than 1/2 Acre Lot
- View: None
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Municipal Water
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Stacey Del Santo • United Realty Group Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11765598
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.