8511 NW 59 Street, Tamarac, FL, 33321 | $882/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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8511 NW 59 Street, Tamarac, FL, 33321 | $882/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 8511 NW 59 Street, Tamarac, FL, 33321 listed at $298,000 pairs $2,860/mo rent with a $1,459/mo payment to leave $882/mo cash flow. Total monthly income runs $2,860/mo, and annual cash flow reaches $10,584/yr on $98,787 cash to close. Return on cash invested measures 30.62% in year one, and rental yield registers 11.52% at a $298,000 basis. Equity gained on principal adds $1,923/yr, and annual property appreciation at 5% supports $82,332 by year five. Five-year ROI tracks 160.88% and total cumulative return in cash totals $158,924. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,860/mo property income relative to a $1,459/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1971

4,399 sqft lot

$N/A/sqft

No HOA

More details about the property

Lovely 2 bedroom 2 bathroom home with a open kitchen ready to make your acquaintance. There is an extra bonus room that can be converted into a 3rd bedroom. The community is 55+ restricted area. The home is located near a shopping center plaza, restaurants, and entertainment.

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