920 NW 42nd TerCoconut CreekFL33066
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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 Coconut Creek at 920 NW 42nd Ter, Coconut Creek, FL, 33066 offers a 7.18% rental yield on a $469,000 purchase with $2,808/mo rent. 56% in year one. Equity gained on principal adds $3,026/yr while 5% annual appreciation supports $129,576 over five years. Portfolio math shows five-year ROI at 90.83% and total cumulative return in cash at $141,211. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,808/mo property income against a $2,296/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
10,489 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 33066, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,599 (100%) |
| Owner Occupied HU | 7,308 (68.9%) |
| Renter Occupied HU | 1,632 (15.4%) |
| Vacant Housing Units | 1,659 (15.7%) |
| Median Home Value | $215,605 |
| Average Home Value | $269,364 |
Housing Distribution
Address Breakdown
Residential
9,646
Single Family
6,208
Multi-Family
3,438
Businesses
283
Price History
Date | Event | Price |
|---|---|---|
| 1971-08-01 | Sold | $24,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-13 | $2618.05 | 3.41% | $136,820 | 3.00% |
| 2023-06-13 | $2531.63 | 6.53% | $132,840 | 2.99% |
| 2022-06-13 | $2376.50 | 4.50% | $128,980 | 2.99% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1962
- Architectural Style: Ranch
- Building Area: N/A
- Living Area: 1,032 sqft
- Property Condition: As Is
Features & Amenities
- Heating: Central, Electric
- Cooling: Ceiling Fan(s), Central Air, Electric
- Flooring: Carpet, Tile
- Interior Features: N/A
- Exterior Features: Community Boat Ramp, Private Dock
- Parking Features: Driveway, Paver Block, Attached Carport
Location
- City: Coconut Creek
- State: FL
- Subdivision: Edgefield 1st Sec 49-31 B
- Lot Size: 10,489 sqft
- Lot Features: Less Than 1/4 Acre Lot, Auto Sprinkler, Other Sprinkler
- View: Canal, Water
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Municipal Water
- Road Surface Type: N/A
School Information
- Elementary School: Coconut Creek
- Middle School: Margate Middle
- High School: Coconut Crk High
Listed by: Mike Mucci • LoKation
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10508363
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