9404 Chelsea Dr NPlantationFL33324
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Plantation at 9404 Chelsea Dr N, Plantation, FL, 33324 listed at $442,000 pairs $3,388/mo rent with a $2,163/mo payment to leave $455/mo cash flow. Total monthly income runs $3,388/mo, and annual cash flow reaches $5,462/yr on $146,523 cash to close. Return on cash invested measures 23.64% in year one, and rental yield registers 9.2% at a $442,000 basis. Equity gained on principal adds $2,852/yr, and annual property appreciation at 5% supports $122,116 by year five. Five-year ROI tracks 123.44% and total cumulative return in cash totals $180,866. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,388/mo property income relative to a $2,163/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33324, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,031 (100%) |
| Owner Occupied HU | 11,966 (49.8%) |
| Renter Occupied HU | 10,499 (43.7%) |
| Vacant Housing Units | 1,566 ( 6.5%) |
| Median Home Value | $461,489 |
| Average Home Value | $552,528 |
Housing Distribution
Address Breakdown
Residential
23,679
Single Family
13,758
Multi-Family
9,921
Businesses
1,481
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Saria Finkelstein • Keller Williams Dedicated Professionals
Mls Name: MIAMI
Mls ID: #A11847896