8684 SW 1st PlCoral SpringsFL33071
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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 8684 SW 1st Pl, Coral Springs, FL, 33071 listed at $775,000 pairs $5,392/mo rent with a $3,793/mo payment to leave $249/mo cash flow. Total monthly income runs $5,392/mo, and annual cash flow reaches $2,991/yr on $254,975 cash to close. Return on cash invested measures 21.23% in year one, and rental yield registers 8.35% at a $775,000 basis. Equity gained on principal adds $5,001/yr, and annual property appreciation at 5% supports $214,118 by year five. Five-year ROI tracks 110.51% and total cumulative return in cash totals $281,767. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,392/mo property income relative to a $3,793/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1985
10,624 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33071, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,674 (100%) |
| Owner Occupied HU | 9,464 (64.5%) |
| Renter Occupied HU | 4,764 (32.5%) |
| Vacant Housing Units | 446 ( 3.0%) |
| Median Home Value | $587,718 |
| Average Home Value | $600,818 |
Housing Distribution
Address Breakdown
Residential
13,659
Single Family
10,505
Multi-Family
3,154
Businesses
741
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Listed by: Carlos Mahone • Redfin Corporation
Mls Name: BeachesMLS
Mls ID: #F10517610