6339 Southgate BlvdMargateFL33068
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
Investment Highlights
Investment property for sale in Margate at 6339 Southgate Blvd, Margate, FL, 33068 at $470,000 posts ROI 45.42% with $3,312/mo cash flow from $6,431/mo rent. Total monthly income equals $6,431/mo, and annual cash flow records $39,744/yr on $155,805 to close. Return on cash invested measures 45.42% and rental yield reads 16.42% at the current $470,000. Equity gained on principal adds $3,033/yr, and 5% annual appreciation supports $129,852 by year five. Five-year ROI prints 240.24% and total cumulative return in cash totals $374,313.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,431/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1961
6,825 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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Listed by: Christian Gornail • Luxe Properties
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11621706
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.