6151 SW 2nd StMargateFL33068
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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 Margate at 6151 SW 2nd St, Margate, FL, 33068 earns $675/mo cash flow from $3,522/mo rent with a $2,100/mo payment. Total monthly income totals $3,522/mo, and annual cash flow totals $8,098/yr on $142,214 capital. ROI tracks 25.6% on current figures, and rental yield reads 9.85% at a $429,000 purchase. Equity gained on principal adds $2,768/yr, and 5% annual appreciation supports $118,525 over five years. Five-year ROI reaches 133.96% and total cumulative return in cash sums $190,513. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,522/mo property income instead of your personal income.
Single Family
Built in 1960
6,298 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33068, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,276 (100%) |
| Owner Occupied HU | 10,191 (55.8%) |
| Renter Occupied HU | 7,006 (38.3%) |
| Vacant Housing Units | 1,079 ( 5.9%) |
| Median Home Value | $351,558 |
| Average Home Value | $407,427 |
Housing Distribution
Address Breakdown
Residential
18,138
Single Family
12,286
Multi-Family
5,852
Businesses
556
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