2911 NW 68th Ter, Pompano Beach, FL, 33063 | $2,164/mo Cash Flow

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2911 NW 68th Ter, Pompano Beach, FL, 33063 | $2,164/mo Cash Flow | Ziffy

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Pompano Beach at 2911 NW 68th Ter, Pompano Beach, FL, 33063 earns $2,164/mo cash flow from $2,880/mo rent with a $528/mo payment. Total monthly income totals $2,880/mo, and annual cash flow totals $25,969/yr on $35,769 capital. ROI tracks 92.51% on current figures, and rental yield reads 32.03% at a $107,900 purchase. Equity gained on principal adds $696/yr, and 5% annual appreciation supports $29,811 over five years. Five-year ROI reaches 492.9% and total cumulative return in cash sums $176,304. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,880/mo property income instead of your personal income.

Manufactured

Built in 1980

N/A lot

$N/A/sqft

No HOA

More details about the property

Discover this 2 Bedroom and 2 Bath within a perfect blend of comfort and luxury in this vibrant 55+ community, where every day feels like a retreat. Imagine starting your mornings with a refreshing swim in either of it's 2 sparkling pools or a leisurely stroll around the tranquil community, all while surrounded by lush green spaces and top-notch recreational facilities, including tennis courts, shuffle board, basket ball and a modern clubhouse. This inviting home offers an expansive carport and an enclosed patio ideal for relaxing after an afternoon of activities. Inside, you'll find a generous floor plan featuring a kitchen equipped with ample cabinet space, a built-in oven, dishwasher, glass top stove, and a sleek double-door stainless steel fridge. The open dining area overlooks a spacious living room, perfect for hosting friends or enjoying quiet evenings. The large bedrooms boast ample closet space, while a well-appointed guest bathroom ensures comfort for visitors. With plenty of green space between homes, this residence offers not just a place to live but a community to embrace. Come see for yourself and experience the lifestyle you've been dreaming of! The land is NOT for sale. Monthly land lease of $1064 Community Park: Coral Cay Age-Qualified community - (Hablamos espaol)

Neighborhood Data

Neighborhood data shown for ZIP Code: 33063, Pompano Beach, FL area.

Housing Distribution

Housing Statistics

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