231 SW 8th CtPompano BeachFL33060
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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 231 SW 8th Ct, Pompano Beach, FL, 33060 earns $11,920/mo cash flow from $17,063/mo rent with a $3,793/mo payment. Total monthly income totals $17,063/mo, and annual cash flow totals $143,043/yr on $254,975 capital. ROI tracks 76.16% on current figures, and rental yield reads 26.42% at a $775,000 purchase. Equity gained on principal adds $5,001/yr, and 5% annual appreciation supports $214,118 over five years. Five-year ROI reaches 405.05% and total cumulative return in cash sums $1,032,787. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $17,063/mo property income instead of your personal income.
Multi Family
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33060, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,910 (100%) |
| Owner Occupied HU | 7,551 (42.2%) |
| Renter Occupied HU | 8,368 (46.7%) |
| Vacant Housing Units | 1,991 (11.1%) |
| Median Home Value | $544,067 |
| Average Home Value | $567,534 |
Housing Distribution
Address Breakdown
Residential
15,008
Single Family
9,542
Multi-Family
5,466
Businesses
1,306
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Listed by: Glabedys Grisales • SAMOVEY Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11607642
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.