116 NW 48th Ct #147Pompano BeachFL33064
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 116 NW 48th Ct #147, Pompano Beach, FL, 33064 listed at $154,000 pairs $1,228/mo rent with a $754/mo payment to leave $206/mo cash flow. Total monthly income runs $1,228/mo, and annual cash flow reaches $2,469/yr on $51,051 cash to close. Return on cash invested measures 24.75% in year one, and rental yield registers 9.57% at a $154,000 basis. Equity gained on principal adds $994/yr, and annual property appreciation at 5% supports $42,547 by year five. Five-year ROI tracks 129.38% and total cumulative return in cash totals $66,050. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,228/mo property income relative to a $754/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33064, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,366 (100%) |
| Owner Occupied HU | 14,378 (54.5%) |
| Renter Occupied HU | 9,656 (36.6%) |
| Vacant Housing Units | 2,332 ( 8.8%) |
| Median Home Value | $371,173 |
| Average Home Value | $529,448 |
Housing Distribution
Address Breakdown
Residential
25,284
Single Family
17,723
Multi-Family
7,561
Businesses
1,960
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marty Goddard • Four Star Homes, Inc.
Mls Name: My State MLS
Mls ID: #11457780