5005 Wiles Rd APT 205Pompano BeachFL33073
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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 5005 Wiles Rd APT 205, Pompano Beach, FL, 33073 listed at $320,000 pairs $3,031/mo rent with a $1,566/mo payment to leave $10/mo cash flow. Total monthly income runs $3,031/mo, and annual cash flow reaches $118/yr on $106,080 cash to close. Return on cash invested measures 20.02% in year one, and rental yield registers 11.37% at a $320,000 basis. Equity gained on principal adds $2,065/yr, and annual property appreciation at 5% supports $88,410 by year five. Five-year ROI tracks 107.71% and total cumulative return in cash totals $114,255. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,031/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2002
N/A lot
$N/A/sqft
$600 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33073, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,950 (100%) |
| Owner Occupied HU | 7,427 (57.4%) |
| Renter Occupied HU | 4,980 (38.5%) |
| Vacant Housing Units | 543 ( 4.2%) |
| Median Home Value | $481,927 |
| Average Home Value | $490,357 |
Housing Distribution
Address Breakdown
Residential
12,644
Single Family
8,590
Multi-Family
4,054
Businesses
1,199
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Listed by: Anayka Aguirre • Canvas Real Estate
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11687813
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.