2861 NE 21st AveLighthouse PtFL33064
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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 Pt at 2861 NE 21st Ave, Lighthouse Pt, FL, 33064 listed at $895,000 pairs $8,111/mo rent with a $4,381/mo payment to leave $2,171/mo cash flow. Total monthly income runs $8,111/mo, and annual cash flow reaches $26,055/yr on $294,455 cash to close. Return on cash invested measures 28.91% in year one, and rental yield registers 10.88% at a $895,000 basis. Equity gained on principal adds $5,775/yr, and annual property appreciation at 5% supports $247,272 by year five. Five-year ROI tracks 151.67% and total cumulative return in cash totals $446,606. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $8,111/mo property income relative to a $4,381/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
9,926 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: N/A • N/A
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