1510 NW 3rd WayPompano BeachFL33060
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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 1510 NW 3rd Way, Pompano Beach, FL, 33060 uses $94,478 cash to close to unlock $4,864/yr annual cash flow and $405/mo monthly cash flow. Total monthly income runs $2,372/mo, and a $1,395/mo payment keeps the spread at $405/mo. Purchase price stands at $285,000, and rental yield measures 9.99% with $2,372/mo rent. Return on cash invested shows 25.06% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 131.42% and total cumulative return in cash records $124,158. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,372/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Single Family
Built in 1953
6,166 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33060, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,910 (100%) |
| Owner Occupied HU | 7,551 (42.2%) |
| Renter Occupied HU | 8,368 (46.7%) |
| Vacant Housing Units | 1,991 (11.1%) |
| Median Home Value | $544,067 |
| Average Home Value | $567,534 |
Housing Distribution
Address Breakdown
Residential
15,008
Single Family
9,542
Multi-Family
5,466
Businesses
1,306
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Listed by: Sandra Piquant • Align Right Realty K1 Group
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11811279
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.