421 SW 18th StPompano BeachFL33060
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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 421 SW 18th St, Pompano Beach, FL, 33060 listed at $970,000 pairs $5,400/mo rent with a $4,748/mo payment. Total monthly income runs $5,400/mo. Return on cash invested measures 16.16% in year one, and rental yield registers 6.68% at a $970,000 basis. Equity gained on principal adds $6,259/yr, and annual property appreciation at 5% supports $267,993 by year five. Five-year ROI tracks 83.29% and total cumulative return in cash totals $265,817. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,400/mo property income relative to a $4,748/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1961
7,500 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: Eric Mouton • Fortune Christie's International Real Estate
Mls Name: MIAMI
Mls ID: #A11917499