2215 Cypress Island Dr #803Pompano BeachFL33069
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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 2215 Cypress Island Dr #803, Pompano Beach, FL, 33069 earns $128/mo cash flow from $1,672/mo rent with a $1,139/mo payment. Total monthly income totals $1,672/mo, and annual cash flow totals $1,531/yr on $77,166 capital. ROI tracks 21.89% on current figures, and rental yield reads 8.62% at a $232,777 purchase. Equity gained on principal adds $1,502/yr, and 5% annual appreciation supports $64,312 over five years. Five-year ROI reaches 114.1% and total cumulative return in cash sums $88,047. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,672/mo property income instead of your personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33069, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,997 (100%) |
| Owner Occupied HU | 6,951 (43.5%) |
| Renter Occupied HU | 5,759 (36.0%) |
| Vacant Housing Units | 3,287 (20.5%) |
| Median Home Value | $336,817 |
| Average Home Value | $458,178 |
Housing Distribution
Address Breakdown
Residential
14,522
Single Family
4,007
Multi-Family
10,515
Businesses
2,391
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Listed by: Colleen Ferro • RE/MAX Interaction Realty
Mls Name: BeachesMLS
Mls ID: #F10530281