2304 S Cypress Bend Dr APT 514Pompano BeachFL33069
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at 2304 S Cypress Bend Dr APT 514, Pompano Beach, FL, 33069 in Pompano Beach is straightforward: $174,995 in, $2,128/mo in rent, $397/mo out after debt service. The 14.59% gross yield and 2.70 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $48,348 by year five. With $1,612/yr in principal equity, the total cumulative return is projected at $94,796.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.6% | 6.2% |
| Monthly Cash Flow | $397 | $1,850 |
City averages based on Pompano Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,128 |
| Total Monthly Debt Service | $1,661 |
| DSCR Ratio | 1.28x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1974
N/A lot
$N/A/sqft
$461 monthly 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
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
Condo
Built in 1974
N/A lot
$N/A/sqft
$461 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices