2405 Antigua Cir UNIT E2Pompano BeachFL33066
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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
Rental property for sale in Pompano Beach at 2405 Antigua Cir UNIT E2, Pompano Beach, FL, 33066 generates $1,940/mo in rent and, after a $707/mo payment, leaves $285/mo in cash flow. Total monthly income is $1,940/mo, and annual cash flow is $3,419/yr on $47,883 invested. Return on cash invested sits at 27.05% in year one, and rental yield is 16.12% on a $144,444 entry. Equity gained on principal adds $932/yr, while 5% annual appreciation builds toward $39,907 over five years. Five-year ROI reaches 148.04% and total cumulative return in cash sums $70,886. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,940/mo property income rather than buyer’s personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
$560 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33066, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,599 (100%) |
| Owner Occupied HU | 7,308 (68.9%) |
| Renter Occupied HU | 1,632 (15.4%) |
| Vacant Housing Units | 1,659 (15.7%) |
| Median Home Value | $215,605 |
| Average Home Value | $269,364 |
Housing Distribution
Address Breakdown
Residential
9,646
Single Family
6,208
Multi-Family
3,438
Businesses
283
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Listed by: Gayle Serra PA • Signature International RE
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10461457
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 2024 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.