631 Lyons Rd #12207Pompano BeachFL33063
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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 631 Lyons Rd #12207, Pompano Beach, FL, 33063 listed at $189,000 pairs $1,996/mo rent with a $925/mo payment to leave $742/mo cash flow. Total monthly income runs $1,996/mo, and annual cash flow reaches $8,902/yr on $62,654 cash to close. Return on cash invested measures 34.12% in year one, and rental yield registers 12.67% at a $189,000 basis. Equity gained on principal adds $1,220/yr, and annual property appreciation at 5% supports $52,217 by year five. Five-year ROI tracks 179.61% and total cumulative return in cash totals $112,534. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,996/mo property income relative to a $925/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33063, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,056 (100%) |
| Owner Occupied HU | 16,872 (64.8%) |
| Renter Occupied HU | 7,163 (27.5%) |
| Vacant Housing Units | 2,021 ( 7.8%) |
| Median Home Value | $373,620 |
| Average Home Value | $403,237 |
Housing Distribution
Address Breakdown
Residential
24,659
Single Family
15,663
Multi-Family
8,996
Businesses
1,414
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Listed by: Leaza Tumaneng • LoKation
Mls Name: BeachesMLS
Mls ID: #F10520468