2360 Nw 2nd Street StreetPompano BeachFL33069
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
Rental property for sale in Pompano Beach at 2360 Nw 2nd Street Street, Pompano Beach, FL, 33069 generates $3,271/mo in rent and, after a $1,835/mo payment, leaves $783/mo in cash flow. Total monthly income is $3,271/mo, and annual cash flow is $9,394/yr on $124,313 invested. Return on cash invested sits at 27.47% in year one, and rental yield is 10.47% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 143.95% and total cumulative return in cash sums $178,947. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,271/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
5,480 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Irina O'Berry • Scuttina Signature Real Estate Group, LLC
Mls Name: BeachesMLS
Mls ID: #RX-11158777