1706 Hammock Blvd #110Pompano BeachFL33063
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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 1706 Hammock Blvd #110, Pompano Beach, FL, 33063 earns $742/mo cash flow from $2,347/mo rent with a $1,184/mo payment. Total monthly income totals $2,347/mo, and annual cash flow totals $8,898/yr on $80,223 capital. ROI tracks 31% on current figures, and rental yield reads 11.64% at a $242,000 purchase. Equity gained on principal adds $1,562/yr, and 5% annual appreciation supports $66,860 over five years. Five-year ROI reaches 162.92% and total cumulative return in cash sums $130,698. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,347/mo property income instead of your personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33063, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,056 (100%) |
| Owner Occupied HU | 16,872 (64.8%) |
| Renter Occupied HU | 7,163 (27.5%) |
| Vacant Housing Units | 2,021 ( 7.8%) |
| Median Home Value | $373,620 |
| Average Home Value | $403,237 |
Housing Distribution
Address Breakdown
Residential
24,659
Single Family
15,663
Multi-Family
8,996
Businesses
1,414
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Listed by: Nelson Pedrosa Roche • Coldwell Banker Realty
Mls Name: MIAMI
Mls ID: #A11831273