8615 Prospect LnParklandFL33076
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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 8615 Prospect Ln, Parkland, FL, 33076 at $1,185,000 posts ROI 5.29% with from $4,739/mo rent. Total monthly income equals $4,739/mo. Return on cash invested measures 5.29% and rental yield reads 4.8% at the current $1,185,000. Equity gained on principal adds $7,647/yr, and 5% annual appreciation supports $327,394 by year five. Five-year ROI prints 26.9% and total cumulative return in cash totals $103,278. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,739/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2020
6,759 sqft lot
$N/A/sqft
$739 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: Caresse Elmira Schwartzberg • Icon Realty Advisors LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10498677
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.