3150 N Course Lane #203Pompano 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 3150 N Course Lane #203, Pompano Beach, FL, 33069 earns $47/mo cash flow from $1,473/mo rent with a $1,052/mo payment. Total monthly income totals $1,473/mo, and annual cash flow totals $558/yr on $71,273 capital. ROI tracks 20.69% on current figures, and rental yield reads 8.22% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 107.66% and total cumulative return in cash sums $76,729. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,473/mo property income instead of your personal income.
Condo
Built in 1973
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: Marisol Lemus • Charles Rutenberg Realty FTL
Mls Name: BeachesMLS
Mls ID: #F10540300