2521 NE 51st StLighthouse PointFL33064
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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 Lighthouse Point at 2521 NE 51st St, Lighthouse Point, FL, 33064 earns $3,795/mo cash flow from $11,756/mo rent with a $5,668/mo payment. Total monthly income totals $11,756/mo, and annual cash flow totals $45,542/yr on $375,192 capital. ROI tracks 32.51% on current figures, and rental yield reads 12.18% at a $1,158,000 purchase. Equity gained on principal adds $7,472/yr, and 5% annual appreciation supports $319,934 over five years. Five-year ROI reaches 171.23% and total cumulative return in cash sums $642,445. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $11,756/mo property income instead of your personal income.
Single Family
Built in 1961
8,522 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: Marissa J Albertine • Mari Juliette Real Estate
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10438498
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.