1624 NE 48th CtPompano BeachFL33064
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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 1624 NE 48th Ct, Pompano Beach, FL, 33064 earns $240/mo cash flow from $3,100/mo rent with a $1,931/mo payment. Total monthly income totals $3,100/mo, and annual cash flow totals $2,877/yr on $130,810 capital. ROI tracks 22.11% on current figures, and rental yield reads 9.43% at a $394,600 purchase. Equity gained on principal adds $2,546/yr, and 5% annual appreciation supports $109,021 over five years. Five-year ROI reaches 116.02% and total cumulative return in cash sums $151,764. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,100/mo property income instead of your personal income.
Single Family
Built in 1955
7,731 sqft 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
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