3050 NE 48th Ct #401Lighthouse PtFL33064
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 Lighthouse Pt at 3050 NE 48th Ct #401, Lighthouse Pt, FL, 33064 earns $1,024/mo cash flow from $4,442/mo rent with a $2,521/mo payment. Total monthly income totals $4,442/mo, and annual cash flow totals $12,288/yr on $169,435 capital. ROI tracks 27.31% on current figures, and rental yield reads 10.35% at a $515,000 purchase. Equity gained on principal adds $3,323/yr, and 5% annual appreciation supports $142,285 over five years. Five-year ROI reaches 143.12% and total cumulative return in cash sums $242,497. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,442/mo property income instead of your personal income.
Condo
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33064, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,366 (100%) |
| Owner Occupied HU | 14,378 (54.5%) |
| Renter Occupied HU | 9,656 (36.6%) |
| Vacant Housing Units | 2,332 ( 8.8%) |
| Median Home Value | $371,173 |
| Average Home Value | $529,448 |
Housing Distribution
Address Breakdown
Residential
25,284
Single Family
17,723
Multi-Family
7,561
Businesses
1,960
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Su Ulkealan • Global Real Estate Brokerage L
Mls Name: BeachesMLS
Mls ID: #F10483435