9288 W Atlantic Blvd APT 1132Coral 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 9288 W Atlantic Blvd APT 1132, Coral Springs, FL, 33071 uses $87,848 cash to close to unlock $8,442/yr annual cash flow and $703/mo monthly cash flow. Total monthly income runs $2,462/mo, and a $1,297/mo payment keeps the spread at $703/mo. Purchase price stands at $265,000, and rental yield measures 11.15% with $2,462/mo rent. Return on cash invested shows 29.52% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 154.98% and total cumulative return in cash records $136,143. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,462/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Condo
Built in 1990
N/A 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: Pei Lei Tam PA • Miami Global Realty Inc
Mls Name: MIAMI
Mls ID: #A11884911