640 SE 5th CtPompano BeachFL33060
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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 640 SE 5th Ct, Pompano Beach, FL, 33060 priced at $1,005,000 converts $3,459/mo rent into after a $4,919/mo obligation. Total monthly income equals $3,459/mo. Return on cash invested prints 6.44% in year one, and rental yield reads 4.13% against a $1,005,000 entry. Equity gained on principal adds $6,485/yr, while 5% annual appreciation compiles into $277,663 by year five. Five-year ROI reaches 31.89% and total cumulative return in cash sums $103,825. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,459/mo property income covering a $4,919/mo payment, not borrower’s personal income.
Single Family
Built in 1961
9,727 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33060, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,910 (100%) |
| Owner Occupied HU | 7,551 (42.2%) |
| Renter Occupied HU | 8,368 (46.7%) |
| Vacant Housing Units | 1,991 (11.1%) |
| Median Home Value | $544,067 |
| Average Home Value | $567,534 |
Housing Distribution
Address Breakdown
Residential
15,008
Single Family
9,542
Multi-Family
5,466
Businesses
1,306
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Listed by: Daniela La Gamma • Floridian Realty Corp.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11670939
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.