641 Lyons Rd #11206Pompano BeachFL33063
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 Pompano Beach at 641 Lyons Rd #11206, Pompano Beach, FL, 33063 uses $61,294 cash to close to unlock $2,208/yr annual cash flow and $184/mo monthly cash flow. Total monthly income runs $1,411/mo, and a $905/mo payment keeps the spread at $184/mo. Purchase price stands at $184,900, and rental yield measures 9.16% with $1,411/mo rent. Return on cash invested shows 23.51% in year one, and 5% annual appreciation builds toward $51,084 over five years. Five-year ROI reaches 122.7% and total cumulative return in cash records $75,211. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,411/mo property income covering a $905/mo payment rather than investor’s personal income.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leaza Tumaneng • LoKation
Mls Name: BeachesMLS
Mls ID: #F10543107