1167 Hillsboro Mile UNIT 203Hillsboro BeachFL33062
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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 Hillsboro Beach at 1167 Hillsboro Mile UNIT 203, Hillsboro Beach, FL, 33062 earns from $6,044/mo rent with a $4,596/mo payment. Total monthly income totals $6,044/mo. ROI tracks 12.59% on current figures, and rental yield reads 7.72% at a $939,000 purchase. Equity gained on principal adds $6,059/yr, and 5% annual appreciation supports $259,428 over five years. Five-year ROI reaches 66.57% and total cumulative return in cash sums $205,660. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,044/mo property income instead of your personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
$1,397 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33062, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,706 (100%) |
| Owner Occupied HU | 10,288 (45.3%) |
| Renter Occupied HU | 4,064 (17.9%) |
| Vacant Housing Units | 8,354 (36.8%) |
| Median Home Value | $720,313 |
| Average Home Value | $825,817 |
Housing Distribution
Address Breakdown
Residential
19,868
Single Family
4,923
Multi-Family
14,945
Businesses
968
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Listed by: Tony Albino • Beautiful Homes Realty Inc
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10460411
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.