8665 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 8665 E Baypoint Cir, Parkland, FL, 33076 priced at $1,748,800 converts $6,004/mo rent into after a $8,560/mo obligation. Total monthly income equals $6,004/mo. Return on cash invested prints 7.08% in year one, and rental yield reads 4.12% against a $1,748,800 entry. Equity gained on principal adds $11,285/yr, while 5% annual appreciation compiles into $483,161 by year five. Five-year ROI reaches 35.05% and total cumulative return in cash sums $198,616. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,004/mo property income covering a $8,560/mo payment, not borrower’s personal income.
Single Family
Built in 2021
6,995 sqft lot
$N/A/sqft
$640 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: Hap Pomerantz • The Keyes Company
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11719541
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.