1111 NW 24th AvePompano BeachFL33069
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 1111 NW 24th Ave, Pompano Beach, FL, 33069 uses $162,103 cash to close to unlock $30,254/yr annual cash flow and $2,521/mo monthly cash flow. Total monthly income runs $5,906/mo, and a $2,393/mo payment keeps the spread at $2,521/mo. Purchase price stands at $488,999, and rental yield measures 14.49% with $5,906/mo rent. Return on cash invested shows 38.57% in year one, and 5% annual appreciation builds toward $135,101 over five years. Five-year ROI reaches 203.91% and total cumulative return in cash records $330,538. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,906/mo property income covering a $2,393/mo payment rather than investor’s personal income.
Single Family
Built in 1967
6,292 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33069, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,997 (100%) |
| Owner Occupied HU | 6,951 (43.5%) |
| Renter Occupied HU | 5,759 (36.0%) |
| Vacant Housing Units | 3,287 (20.5%) |
| Median Home Value | $336,817 |
| Average Home Value | $458,178 |
Housing Distribution
Address Breakdown
Residential
14,522
Single Family
4,007
Multi-Family
10,515
Businesses
2,391
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tiwana Holmes • Preferred Properties Int'l Rea
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11576716
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.