12060 Glenmore DrPompano BeachFL33071
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
Rental property for sale in Pompano Beach at 12060 Glenmore Dr, Pompano Beach, FL, 33071 offers $6,482/mo rent that, after a $3,308/mo payment, leaves $1,141/mo cash flow. Total monthly income is $6,482/mo, and annual cash flow is $13,694/yr on $222,371 cash. Return on cash invested measures 26.22% in year one, and rental yield stands at 11.51% at a $675,900 entry. Equity gained on principal adds $4,361/yr while 5% annual appreciation compounds into $186,739 by year five. Five-year ROI records 138.92% and total cumulative return in cash reaches $308,925. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,482/mo property income versus a $3,308/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
0.27 Acres lot
$N/A/sqft
$320 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Seth Wilson • Coldwell Banker Realty
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10446076
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 2024 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.