3313 Cabaret LnMargateFL33063
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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
Rental property for sale in Margate at 3313 Cabaret Ln, Margate, FL, 33063 offers $2,399/mo rent that, after a $1,615/mo payment. Total monthly income is $2,399/mo. Return on cash invested measures 19.39% in year one, and rental yield stands at 8.72% at a $330,000 entry. Equity gained on principal adds $2,129/yr while 5% annual appreciation compounds into $91,173 by year five. Five-year ROI records 101.67% and total cumulative return in cash reaches $111,227. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,399/mo property income versus a $1,615/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1997
N/A lot
$N/A/sqft
$257 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33063, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,056 (100%) |
| Owner Occupied HU | 16,872 (64.8%) |
| Renter Occupied HU | 7,163 (27.5%) |
| Vacant Housing Units | 2,021 ( 7.8%) |
| Median Home Value | $373,620 |
| Average Home Value | $403,237 |
Housing Distribution
Address Breakdown
Residential
24,659
Single Family
15,663
Multi-Family
8,996
Businesses
1,414
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Listed by: Samuel Simpkin • Compass Florida, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11781288
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.