3505 Oaks Way #204Pompano BeachFL33069
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
Investment property for sale in Pompano Beach at 3505 Oaks Way #204, Pompano Beach, FL, 33069 listed at $399,999 pairs $3,774/mo rent with a $1,958/mo payment to leave $1,119/mo cash flow. Total monthly income runs $3,774/mo, and annual cash flow reaches $13,432/yr on $132,600 cash to close. Return on cash invested measures 30.04% in year one, and rental yield registers 11.32% at a $399,999 basis. Equity gained on principal adds $2,581/yr, and annual property appreciation at 5% supports $110,512 by year five. Five-year ROI tracks 157.77% and total cumulative return in cash totals $209,199. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,774/mo property income relative to a $1,958/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33069, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,997 (100%) |
| Owner Occupied HU | 6,951 (43.5%) |
| Renter Occupied HU | 5,759 (36.0%) |
| Vacant Housing Units | 3,287 (20.5%) |
| Median Home Value | $336,817 |
| Average Home Value | $458,178 |
Housing Distribution
Address Breakdown
Residential
14,522
Single Family
4,007
Multi-Family
10,515
Businesses
2,391
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matthew Hornaday • EXP Realty LLC
Mls Name: BeachesMLS
Mls ID: #RX-11139551