8430 Blue Cove WayParklandFL33076
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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 Parkland at 8430 Blue Cove Way, Parkland, FL, 33076 uses $203,980 cash to close to unlock $32,632/yr annual cash flow and $2,719/mo monthly cash flow. Total monthly income runs $7,802/mo, and a $3,035/mo payment keeps the spread at $2,719/mo. Purchase price stands at $619,999, and rental yield measures 15.1% with $7,802/mo rent. Return on cash invested shows 36.06% in year one, and 5% annual appreciation builds toward $171,294 over five years. Five-year ROI reaches 192.07% and total cumulative return in cash records $391,791. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,802/mo property income covering a $3,035/mo payment rather than investor’s personal income.
Single Family
Built in 2016
2,254 sqft lot
$N/A/sqft
$600 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33076, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,728 (100%) |
| Owner Occupied HU | 12,179 (82.7%) |
| Renter Occupied HU | 2,064 (14.0%) |
| Vacant Housing Units | 485 ( 3.3%) |
| Median Home Value | $753,559 |
| Average Home Value | $830,827 |
Housing Distribution
Address Breakdown
Residential
14,698
Single Family
13,081
Multi-Family
1,617
Businesses
503
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Listed by: Teonna Thompson • Realty 100
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11588344
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.