3204 Colony Club Rd APT 6Pompano BeachFL33062
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 3204 Colony Club Rd APT 6, Pompano Beach, FL, 33062 in Pompano Beach is straightforward: $375,000 in, $3,017/mo in rent, $353/mo out after debt service. The 9.65% gross yield and 1.79 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $103,606 by year five. With $3,454/yr in principal equity, the total cumulative return is projected at $176,948.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 6.2% |
| Monthly Cash Flow | $353 | $1,850 |
City averages based on Pompano Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,017 |
| Total Monthly Debt Service | $2,339 |
| DSCR Ratio | 1.29x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1963
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33062, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,706 (100%) |
| Owner Occupied HU | 10,288 (45.3%) |
| Renter Occupied HU | 4,064 (17.9%) |
| Vacant Housing Units | 8,354 (36.8%) |
| Median Home Value | $720,313 |
| Average Home Value | $825,817 |
Housing Distribution
Address Breakdown
Residential
19,868
Single Family
4,923
Multi-Family
14,945
Businesses
968
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
Condo
Built in 1963
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33062, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,706 (100%) |
| Owner Occupied HU | 10,288 (45.3%) |
| Renter Occupied HU | 4,064 (17.9%) |
| Vacant Housing Units | 8,354 (36.8%) |
| Median Home Value | $720,313 |
| Average Home Value | $825,817 |
Housing Distribution
Address Breakdown
Residential
19,868
Single Family
4,923
Multi-Family
14,945
Businesses
968
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A