3449 Merrick Ln #1408Pompano BeachFL33063
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe cash-flow margin at 3449 Merrick Ln #1408, Pompano Beach, FL, 33063 in Pompano Beach is narrow, $12/mo net on $2,672/mo rent after the $1,349/mo debt service, but the property operates at break-even-plus, not a loss. At $299,980 with a 10.69% yield, the long-run equity case via 5% appreciation ($82,879 over five years) and $2,763/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.98 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $117,982.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 6.2% |
| Monthly Cash Flow | $12 | $1,850 |
City averages based on Pompano Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,672 |
| Total Monthly Debt Service | $2,541 |
| DSCR Ratio | 1.05x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2004
N/A lot
$N/A/sqft
$379 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
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
Townhouse
Built in 2004
N/A lot
$N/A/sqft
$379 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jose Anzola • Compass Florida, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11704847
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.