340 SE 6th TerPompano 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 340 SE 6th Ter, Pompano Beach, FL, 33060 offers $7,541/mo rent that, after a $9,050/mo payment. Total monthly income is $7,541/mo. Return on cash invested measures 10.9% in year one, and rental yield stands at 4.89% at a $1,849,000 entry. Equity gained on principal adds $11,931/yr while 5% annual appreciation compounds into $510,845 by year five. Five-year ROI records 55.01% and total cumulative return in cash reaches $329,567. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,541/mo property income versus a $9,050/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
7,987 sqft 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
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Listed by: Olenka Verano • Verano Hartung Inv. Brokerage
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10493950
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.