3001 S Palm Aire Drive #107Pompano 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
Rental property for sale in Pompano Beach at 3001 S Palm Aire Drive #107, Pompano Beach, FL, 33069 generates $2,514/mo in rent and, after a $1,309/mo payment, leaves $739/mo in cash flow. Total monthly income is $2,514/mo, and annual cash flow is $8,869/yr on $88,676 invested. Return on cash invested sits at 29.91% in year one, and rental yield is 11.28% on a $267,500 entry. Equity gained on principal adds $1,726/yr, while 5% annual appreciation builds toward $73,905 over five years. Five-year ROI reaches 157.11% and total cumulative return in cash sums $139,316. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,514/mo property income rather than buyer’s personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
No 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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Listed by: Stacy Lyn Plean • LoKation
Mls Name: BeachesMLS
Mls ID: #RX-11145203