11285 LAKEVIEW UNIT 35Pompano BeachFL33071
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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 Pompano Beach at 11285 LAKEVIEW UNIT 35, Pompano Beach, FL, 33071 earns $659/mo cash flow from $3,960/mo rent with a $2,055/mo payment. Total monthly income totals $3,960/mo, and annual cash flow totals $7,904/yr on $139,197 capital. ROI tracks 25.59% on current figures, and rental yield reads 11.32% at a $419,900 purchase. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,011 over five years. Five-year ROI reaches 135.49% and total cumulative return in cash sums $188,604. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,960/mo property income instead of your personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
$515 monthly HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2025-02-10 | Listed for sale | $419,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Facts & Features
General Information
- Type: Condo
- Year Built: 1982
- Architectural Style: N/A
- Building Area: N/A
- Living Area: 2,241 sqft
- Property Condition: As Is
Features & Amenities
- Heating: Central, Electric
- Cooling: Central Air, Electric
- Flooring: Laminate, Tile
- Interior Features: N/A
- Exterior Features: None
- Parking Features: Guest, Attached, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers
Location
- City: Pompano Beach
- State: FL
- Subdivision: Portofino
- Lot Size: N/A
- Lot Features: N/A
- View: Garden View
HOA & Fees
- HOA Fee: $515 monthly
- Association Fee: $515 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Eric Nathanson • Trans Global Realty, Inc.
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10486199
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.