3407 Bonito LnPompano BeachFL33063
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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 Pompano Beach at 3407 Bonito Ln, Pompano Beach, FL, 33063 generates $3,065/mo in rent, after a $2,496/mo payment. Total monthly income is $3,065/mo. Return on cash invested sits at 17.78% in year one, and rental yield is 7.21% on a $510,000 entry. Equity gained on principal adds $3,291/yr, while 5% annual appreciation builds toward $140,904 over five years. Five-year ROI reaches 91.96% and total cumulative return in cash sums $154,299. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,065/mo property income rather than buyer’s personal income.
Single Family
Built in 1991
3,916 sqft lot
$N/A/sqft
No 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: Yami Thompson • LoKation
Mls Name: BeachesMLS
Mls ID: #F10542600