305 Sunshine DrPompano BeachFL33066
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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 305 Sunshine Dr, Pompano Beach, FL, 33066 priced at $365,000 converts $2,619/mo rent into $197/mo cash flow after a $1,786/mo obligation. Total monthly income equals $2,619/mo, and annual cash flow totals $2,367/yr on $120,998 invested. Return on cash invested prints 21.87% in year one, and rental yield reads 8.61% against a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation compiles into $100,843 by year five. Five-year ROI reaches 113.95% and total cumulative return in cash sums $137,875. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,619/mo property income covering a $1,786/mo payment, not borrower’s personal income.
Single Family
Built in 1975
4,321 sqft lot
$N/A/sqft
No 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
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Listed by: Grace Vizcaya • United Realty Group Inc
Mls Name: BeachesMLS
Mls ID: #F10546731