3000 NW 42nd Ave APT B302Pompano BeachFL33066
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 3000 NW 42nd Ave APT B302, Pompano Beach, FL, 33066 listed at $223,900 pairs $2,430/mo rent with a $1,096/mo payment to leave $197/mo cash flow. Total monthly income runs $2,430/mo, and annual cash flow reaches $2,363/yr on $74,223 cash to close. Return on cash invested measures 23.09% in year one, and rental yield registers 13.02% at a $223,900 basis. Equity gained on principal adds $1,445/yr, and annual property appreciation at 5% supports $61,859 by year five. Five-year ROI tracks 124.86% and total cumulative return in cash totals $92,676. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,430/mo property income relative to a $1,096/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1983
N/A lot
$N/A/sqft
$543 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33066, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,599 (100%) |
| Owner Occupied HU | 7,308 (68.9%) |
| Renter Occupied HU | 1,632 (15.4%) |
| Vacant Housing Units | 1,659 (15.7%) |
| Median Home Value | $215,605 |
| Average Home Value | $269,364 |
Housing Distribution
Address Breakdown
Residential
9,646
Single Family
6,208
Multi-Family
3,438
Businesses
283
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Adriana Perez • Bill Kelleher Realty, Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11566993
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.