610 Misty Oaks LnPompano BeachFL33069
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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 Pompano Beach at 610 Misty Oaks Ln, Pompano Beach, FL, 33069 offers $8,130/mo rent that, after a $4,155/mo payment, leaves $2,496/mo cash flow. Total monthly income is $8,130/mo, and annual cash flow is $29,956/yr on $279,321 cash. Return on cash invested measures 30.78% in year one, and rental yield stands at 11.49% at a $849,000 entry. Equity gained on principal adds $5,478/yr while 5% annual appreciation compounds into $234,563 by year five. Five-year ROI records 161.73% and total cumulative return in cash reaches $451,736. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $8,130/mo property income versus a $4,155/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
8,083 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33069, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,997 (100%) |
| Owner Occupied HU | 6,951 (43.5%) |
| Renter Occupied HU | 5,759 (36.0%) |
| Vacant Housing Units | 3,287 (20.5%) |
| Median Home Value | $336,817 |
| Average Home Value | $458,178 |
Housing Distribution
Address Breakdown
Residential
14,522
Single Family
4,007
Multi-Family
10,515
Businesses
2,391
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Listed by: Carla Ellek • Westlake Realty Group, LLC.
Mls Name: MIAMI
Mls ID: #A11932030