4304 NW 9th Ave #2-3CDeerfield BeachFL33064
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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 Deerfield Beach at 4304 NW 9th Ave #2-3C, Deerfield Beach, FL, 33064 generates $1,434/mo in rent and, after a $895/mo payment, leaves $220/mo in cash flow. Total monthly income is $1,434/mo, and annual cash flow is $2,645/yr on $60,631 invested. Return on cash invested sits at 24.27% in year one, and rental yield is 9.41% on a $182,900 entry. Equity gained on principal adds $1,180/yr, while 5% annual appreciation builds toward $50,532 over five years. Five-year ROI reaches 126.87% and total cumulative return in cash sums $76,923. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,434/mo property income rather than buyer’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33064, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,366 (100%) |
| Owner Occupied HU | 14,378 (54.5%) |
| Renter Occupied HU | 9,656 (36.6%) |
| Vacant Housing Units | 2,332 ( 8.8%) |
| Median Home Value | $371,173 |
| Average Home Value | $529,448 |
Housing Distribution
Address Breakdown
Residential
25,284
Single Family
17,723
Multi-Family
7,561
Businesses
1,960
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Listed by: Amanda Hart • RE/MAX Direct
Mls Name: BeachesMLS
Mls ID: #F10533447