3100 N Palm Aire Dr APT 309Pompano 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
Total monthly income runs $1,732/mo, and a $930/mo payment. Purchase price stands at $190,000, and rental yield measures 10.94% with $1,732/mo rent. Return on cash invested shows 7.16% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 43.04% and total cumulative return in cash records $27,108. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,732/mo property income covering a $930/mo payment rather than investor’s personal income.
Condo
Built in 1969
N/A lot
$N/A/sqft
$868 monthly 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: Carlos Azcarate • Apex International Realty, LLC.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11738459
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.