8585 E Baypoint CirParklandFL33076
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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 Parkland at 8585 E Baypoint Cir, Parkland, FL, 33076 generates $11,540/mo in rent and, after a $6,358/mo payment, leaves $1,804/mo in cash flow. Total monthly income is $11,540/mo, and annual cash flow is $21,651/yr on $420,876 invested. Return on cash invested sits at 25.51% in year one, and rental yield is 10.66% on a $1,299,000 entry. Equity gained on principal adds $8,382/yr, while 5% annual appreciation builds toward $358,890 over five years. Five-year ROI reaches 134.56% and total cumulative return in cash sums $566,329. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $11,540/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
6,750 sqft lot
$N/A/sqft
$639 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: Milene Carvalho • True Oak Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11638959
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.