2600 S Course Drive #610Pompano BeachFL33069
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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 2600 S Course Drive #610, Pompano Beach, FL, 33069 uses $106,080 cash to close to unlock $11,912/yr annual cash flow and $993/mo monthly cash flow. Total monthly income runs $3,116/mo, and a $1,566/mo payment keeps the spread at $993/mo. Purchase price stands at $320,000, and rental yield measures 11.68% with $3,116/mo rent. Return on cash invested shows 31.14% in year one, and 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 163.66% and total cumulative return in cash records $173,607. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,116/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Condo
Built in 1971
N/A 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
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Listed by: Lynda Molina • EXP Realty LLC
Mls Name: BeachesMLS
Mls ID: #RX-11153945