4324 NW 9th Avenue #6-1cDeerfield 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
Investment property for sale in Deerfield Beach at 4324 NW 9th Avenue #6-1c, Deerfield Beach, FL, 33064 offers a 9.35% rental yield on a $193,000 purchase with $1,504/mo rent. Total monthly income registers $1,504/mo, and a $945/mo payment leaves $223/mo available for distribution. Annual cash flow reaches $2,674/yr on $63,980 to close, and return on cash invested stands at 24.09% in year one. Equity gained on principal adds $1,245/yr while 5% annual appreciation supports $53,322 over five years. Portfolio math shows five-year ROI at 125.86% and total cumulative return in cash at $80,526. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,504/mo property income against a $945/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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: Refik B Kalyoncu • Lara Real Estate Group
Mls Name: BeachesMLS
Mls ID: #RX-11140114