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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Pompano Beach at 2615 NW 62nd Ave, Pompano Beach, FL, 33063 earns $117/mo cash flow from $3,866/mo rent with a $2,765/mo payment. Total monthly income totals $3,866/mo, and annual cash flow totals $1,404/yr on $185,885 capital. ROI tracks 20.82% on current figures, and rental yield reads 8.21% at a $565,000 purchase. Equity gained on principal adds $3,646/yr, and 5% annual appreciation supports $156,099 over five years. Five-year ROI reaches 108.24% and total cumulative return in cash sums $201,207. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,866/mo property income instead of your personal income.
Single Family
Built in 1960
6,004 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33063, Pompano Beach, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,056 (100%) |
| Owner Occupied HU | 16,872 (64.8%) |
| Renter Occupied HU | 7,163 (27.5%) |
| Vacant Housing Units | 2,021 ( 7.8%) |
| Median Home Value | $373,620 |
| Average Home Value | $403,237 |
Residential
24,659
Single Family
15,663
Multi-Family
8,996
Businesses
1,414
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Marcela Ortiz • Phoenix Realtors LLC
Mls Name: MIAMI
Mls ID: #A11861808
