1481 S Ocean Blvd UNIT 308EPompano BeachFL33062
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 1481 S Ocean Blvd UNIT 308E, Pompano Beach, FL, 33062 listed at $299,999 pairs $2,020/mo rent with a $1,468/mo payment. Total monthly income runs $2,020/mo. Return on cash invested measures 13.76% in year one, and rental yield registers 8.08% at a $299,999 basis. Equity gained on principal adds $1,936/yr, and annual property appreciation at 5% supports $82,884 by year five. Five-year ROI tracks 72.84% and total cumulative return in cash totals $72,444. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,020/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1966
N/A lot
$N/A/sqft
$428 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Perrault • RE/MAX Direct
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10470246
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.