2941 NW 11th CtPompano BeachFL33311
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
Rental property for sale in Pompano Beach at 2941 NW 11th Ct, Pompano Beach, FL, 33311 generates $2,762/mo in rent and, after a $1,664/mo payment, leaves $506/mo in cash flow. Total monthly income is $2,762/mo, and annual cash flow is $6,070/yr on $112,710 invested. Return on cash invested sits at 25.29% in year one, and rental yield is 9.75% on a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 132.3% and total cumulative return in cash sums $149,118. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,762/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
2,953 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33311, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,271 (100%) |
| Owner Occupied HU | 10,998 (40.3%) |
| Renter Occupied HU | 14,421 (52.9%) |
| Vacant Housing Units | 1,852 ( 6.8%) |
| Median Home Value | $362,464 |
| Average Home Value | $412,448 |
Housing Distribution
Address Breakdown
Residential
25,408
Single Family
19,202
Multi-Family
6,206
Businesses
2,571
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Vejarano • United Realty Group Inc.
Mls Name: BeachesMLS
Mls ID: #F10527068