3229 Canal DrPompano BeachFL33062
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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 $5,596/mo, and a $8,321/mo payment. Purchase price stands at $1,699,999, and rental yield measures 3.95% with $5,596/mo rent. Return on cash invested shows 7.98% in year one, and 5% annual appreciation builds toward $469,678 over five years. Five-year ROI reaches 39.39% and total cumulative return in cash records $216,979. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,596/mo property income covering a $8,321/mo payment rather than investor’s personal income.
Single Family
Built in 2012
6,093 sqft 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
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Listed by: George Khoury • GK Realty Group
Mls Name: MIAMI
Mls ID: #A11812517