1100 NW 87th Ave APT 104, Pompano Beach, FL, 33071 | $225/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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1100 NW 87th Ave APT 104, Pompano Beach, FL, 33071 | $225/mo Cash Flow | Ziffy

For Sale

Currently Rented

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Pompano Beach at 1100 NW 87th Ave APT 104, Pompano Beach, FL, 33071 offers a 9.55% rental yield on a $170,000 purchase with $1,353/mo rent. Total monthly income registers $1,353/mo, and a $832/mo payment leaves $225/mo available for distribution. Annual cash flow reaches $2,699/yr on $56,355 to close, and return on cash invested stands at 24.7% in year one. Equity gained on principal adds $1,097/yr while 5% annual appreciation supports $46,968 over five years. Portfolio math shows five-year ROI at 129.1% and total cumulative return in cash at $72,753. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,353/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1980

N/A lot

$N/A/sqft

No HOA

More details about the property

Great opportunity for investors! Unit is rented until December 2026.Great Location! Spacious 1/1.5 condo, large, screened patio, located on a first floor. New appliances, laundry room located next door. Water, trash and basic cable included. Association request Min 690+ credit score.

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