2661 S Course Dr APT 106Pompano 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 2661 S Course Dr APT 106, Pompano Beach, FL, 33069 uses $56,385 cash to close to unlock $5,921/yr annual cash flow and $493/mo monthly cash flow. Total monthly income runs $1,997/mo, and a $833/mo payment keeps the spread at $493/mo. Purchase price stands at $170,090, and rental yield measures 14.09% with $1,997/mo rent. Return on cash invested shows 30.41% in year one, and 5% annual appreciation builds toward $46,993 over five years. Five-year ROI reaches 162.68% and total cumulative return in cash records $91,729. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,997/mo property income covering a $833/mo payment rather than investor’s personal income.
Apartment
Built in 1971
958 Acres lot
$N/A/sqft
$221 monthly 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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