9703 N New River Canal Rd APT 102PlantationFL33324
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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 Plantation at 9703 N New River Canal Rd APT 102, Plantation, FL, 33324 earns $1,296/mo cash flow from $4,283/mo rent with a $2,203/mo payment. Total monthly income totals $4,283/mo, and annual cash flow totals $15,555/yr on $149,175 capital. ROI tracks 30.34% on current figures, and rental yield reads 11.42% at a $450,000 purchase. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 over five years. Five-year ROI reaches 159.37% and total cumulative return in cash sums $237,738. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,283/mo property income instead of your personal income.
Townhouse
Built in 1974
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
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Listed by: Aliyah Martinez • RE/MAX Select Group
Mls Name: MIAMI
Mls ID: #A11870196