1151 NW 116th AvePompano 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 1151 NW 116th Ave, Pompano Beach, FL, 33071 earns from $4,908/mo rent with a $3,132/mo payment. Total monthly income totals $4,908/mo. ROI tracks 19.2% on current figures, and rental yield reads 9.2% at a $640,000 purchase. Equity gained on principal adds $4,130/yr, and 5% annual appreciation supports $176,820 over five years. Five-year ROI reaches 101.3% and total cumulative return in cash sums $213,294. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,908/mo property income instead of your personal income.
Single Family
Built in 1995
5,937 sqft lot
$N/A/sqft
$291 monthly 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
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Listed by: Naresh Ranaut • LoKation
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11812410
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.