9963 NW 2nd CtPlantationFL33324
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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 9963 NW 2nd Ct, Plantation, FL, 33324 listed at $689,900 pairs $6,068/mo rent with a $3,377/mo payment to leave $1,489/mo cash flow. Total monthly income runs $6,068/mo, and annual cash flow reaches $17,873/yr on $226,977 cash to close. Return on cash invested measures 27.93% in year one, and rental yield registers 10.55% at a $689,900 basis. Equity gained on principal adds $4,452/yr, and annual property appreciation at 5% supports $190,607 by year five. Five-year ROI tracks 146.44% and total cumulative return in cash totals $332,389. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,068/mo property income relative to a $3,377/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1988
4,656 sqft 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: Sharon Podwol • Preferred Property Finder Inc.
Mls Name: BeachesMLS
Mls ID: #F10526241