2121 S Ocean Blvd #302Pompano BeachFL33062
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2121 S Ocean Blvd #302, Pompano Beach, FL, 33062 uses $163,098 cash to close to unlock $20,715/yr annual cash flow and $1,726/mo monthly cash flow. Total monthly income runs $6,398/mo, and a $2,408/mo payment keeps the spread at $1,726/mo. Purchase price stands at $492,000, and rental yield measures 15.6% with $6,398/mo rent. Return on cash invested shows 32.61% in year one, and 5% annual appreciation builds toward $135,931 over five years. Five-year ROI reaches 175.31% and total cumulative return in cash records $285,928. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,398/mo property income covering a $2,408/mo payment rather than investor’s personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
$1,028 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Howard Goldberg Pa • RE/MAX Consultants Realty 1
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10502821
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.