331 E McNab Rd APT 226Pompano BeachFL33060
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
Investment Highlights
Rental property for sale in Pompano Beach at 331 E McNab Rd APT 226, Pompano Beach, FL, 33060 generates $983/mo in rent and, after a $602/mo payment, leaves $167/mo in cash flow. Total monthly income is $983/mo, and annual cash flow is $2,003/yr on $40,741 invested. Return on cash invested sits at 24.83% in year one, and rental yield is 9.6% on a $122,900 entry. Equity gained on principal adds $793/yr, while 5% annual appreciation builds toward $33,955 over five years. Five-year ROI reaches 129.79% and total cumulative return in cash sums $52,878. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $983/mo property income rather than buyer’s personal income.
Condo
Built in 1962
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33060, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,910 (100%) |
| Owner Occupied HU | 7,551 (42.2%) |
| Renter Occupied HU | 8,368 (46.7%) |
| Vacant Housing Units | 1,991 (11.1%) |
| Median Home Value | $544,067 |
| Average Home Value | $567,534 |
Housing Distribution
Address Breakdown
Residential
15,008
Single Family
9,542
Multi-Family
5,466
Businesses
1,306
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Howie Jakobi • Florida Realty Fusion Corp
Mls Name: MIAMI
Mls ID: #A11954460