230 NE 42nd CtPompano BeachFL33064
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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 230 NE 42nd Ct, Pompano Beach, FL, 33064 earns $536/mo cash flow from $2,524/mo rent with a $1,466/mo payment. Total monthly income totals $2,524/mo, and annual cash flow totals $6,436/yr on $99,284 capital. ROI tracks 26.39% on current figures, and rental yield reads 10.11% at a $299,500 purchase. Equity gained on principal adds $1,933/yr, and 5% annual appreciation supports $82,746 over five years. Five-year ROI reaches 138.21% and total cumulative return in cash sums $137,219. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,524/mo property income instead of your personal income.
Single Family
Built in 1959
7,631 sqft 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: James E Stout • United Realty Group Inc
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10524591
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.