3414 Norfolk StPompano 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
Investment property for sale in Pompano Beach at 3414 Norfolk St, Pompano Beach, FL, 33062 projects strong ROI of 7.15%. Rental yield 3.68%. With 5% annual appreciation, the property builds $639,592 in value over five years. Equity growth combined delivers a projected five-year ROI of 34.92%, translating into $261,912 in total cumulative return on $750,060 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1970
7,494 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: Christina Tokar • RE/MAX Advance Realty II
Mls Name: MIAMI
Mls ID: #A11910222