1788 Bay DrPompano BeachFL33062
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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 1788 Bay Dr, Pompano Beach, FL, 33062 with 5% annual appreciation on a $1,512,100 basis while $8,242/mo rent supports operations. 98% in year one. Equity gained on principal adds $9,757/yr, and five-year appreciation sums $417,765 alongside rental yield of 6.54%. Five-year ROI measures 82.27% and total cumulative return in cash totals $403,062. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $8,242/mo property income versus a $7,401/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1996
2,523 sqft lot
$N/A/sqft
No 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
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Listed by: N/A • N/A
Mls Name: The Keyes Company/Realtors
Mls Provider:
Mls ID: #F10502454