3080 N Course Dr #501Pompano 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
Investment property for sale in Pompano Beach at 3080 N Course Dr #501, Pompano Beach, FL, 33069 offers a 8.34% rental yield on a $243,600 purchase with $1,693/mo rent. Total monthly income registers $1,693/mo, and a $1,192/mo payment leaves $77/mo available for distribution. Annual cash flow reaches $921/yr on $80,753 to close, and return on cash invested stands at 21.05% in year one. Equity gained on principal adds $1,572/yr while 5% annual appreciation supports $67,302 over five years. Portfolio math shows five-year ROI at 109.55% and total cumulative return in cash at $88,469. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,693/mo property income against a $1,192/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
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: Jenna Trevino • EXP Realty
Mls Name: BeachesMLS
Mls ID: #F10533013