4374 NW 9th Ave APT 16-1HPompano BeachFL33064
INVESTMENT ANALYSIS
Investment Verdict
Solid Income4374 NW 9th Ave APT 16-1H, Pompano Beach, FL, 33064 in Pompano Beach carries a 1.79 coverage ratio, rent of $1,694/mo is 1.79 times the $944/mo payment. Rental yield 9.68%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $210,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $58,019; total projected cumulative return: $61,207.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 6.2% |
| Monthly Cash Flow | $(337) | $1,850 |
City averages based on Pompano Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,694 |
| Total Monthly Debt Service | $1,947 |
| DSCR Ratio | 0.87x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Condo
Built in 1974
N/A lot
$N/A/sqft
$1,440 quarterly 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
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
Condo
Built in 1974
N/A lot
$N/A/sqft
$1,440 quarterly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sandra Diodati • Beachfront Realty Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11588010
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.