2651 S Course Dr #404Pompano 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
Investment property for sale in Pompano Beach at 2651 S Course Dr #404, Pompano Beach, FL, 33069 earns $162/mo cash flow from $1,283/mo rent with a $827/mo payment. Total monthly income totals $1,283/mo, and annual cash flow totals $1,940/yr on $56,024 capital. ROI tracks 23.37% on current figures, and rental yield reads 9.11% at a $169,000 purchase. Equity gained on principal adds $1,091/yr, and 5% annual appreciation supports $46,692 over five years. Five-year ROI reaches 122% and total cumulative return in cash sums $68,347. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,283/mo property income instead of your personal income.
Condo
Built in 1970
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Theodore Uszko III • Atlantic Properties Int'l Inc
Mls Name: BeachesMLS
Mls ID: #F10536170