8584 NW 47th DriveCoral SpringsFL33067
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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 Coral Springs at 8584 NW 47th Drive, Coral Springs, FL, 33067 earns from $3,717/mo rent with a $4,058/mo payment. Total monthly income totals $3,717/mo. ROI tracks 12.21% on current figures, and rental yield reads 5.38% at a $829,000 purchase. Equity gained on principal adds $5,349/yr, and 5% annual appreciation supports $229,037 over five years. Five-year ROI reaches 62.11% and total cumulative return in cash sums $169,396. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,717/mo property income instead of your personal income.
Single Family
Built in 1988
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33067, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,573 (100%) |
| Owner Occupied HU | 7,045 (73.6%) |
| Renter Occupied HU | 2,293 (24.0%) |
| Vacant Housing Units | 235 ( 2.5%) |
| Median Home Value | $708,632 |
| Average Home Value | $768,930 |
Housing Distribution
Address Breakdown
Residential
10,134
Single Family
7,903
Multi-Family
2,231
Businesses
739
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Listed by: Susan Theresa Melone • EXP Realty LLC
Mls Name: BeachesMLS
Mls ID: #RX-11106615