2050 NE 39th St #302ELighthouse PtFL33064
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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 Lighthouse Pt at 2050 NE 39th St #302E, Lighthouse Pt, FL, 33064 uses $82,842 cash to close to unlock $9,105/yr annual cash flow and $759/mo monthly cash flow. Total monthly income runs $2,417/mo, and a $1,223/mo payment keeps the spread at $759/mo. Purchase price stands at $249,900, and rental yield measures 11.61% with $2,417/mo rent. Return on cash invested shows 30.9% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 162.38% and total cumulative return in cash records $134,522. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,417/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Condo
Built in 1966
N/A 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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Listed by: Lori El Sanadi • Coldwell Banker Realty
Mls Name: BeachesMLS
Mls ID: #F10533614