1024 NW 83rd DrPompano BeachFL33071
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 Pompano Beach at 1024 NW 83rd Dr, Pompano Beach, FL, 33071 earns $240/mo cash flow from $5,083/mo rent with a $3,573/mo payment. Total monthly income totals $5,083/mo, and annual cash flow totals $2,877/yr on $240,137 capital. ROI tracks 21.26% on current figures, and rental yield reads 8.36% at a $729,900 purchase. Equity gained on principal adds $4,710/yr, and 5% annual appreciation supports $201,658 over five years. Five-year ROI reaches 110.63% and total cumulative return in cash sums $265,675. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,083/mo property income instead of your personal income.
Single Family
Built in 1975
10,153 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Emily Gamber • ZenQuest Realty Inc
Mls Name: BeachesMLS
Mls ID: #F10496312