6515 Harbour RoadPompano BeachFL33068
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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 6515 Harbour Road, Pompano Beach, FL, 33068 uses $119,009 cash to close to unlock $11,493/yr annual cash flow and $958/mo monthly cash flow. Total monthly income runs $3,340/mo, and a $1,757/mo payment keeps the spread at $958/mo. Purchase price stands at $359,000, and rental yield measures 11.16% with $3,340/mo rent. Return on cash invested shows 29.57% in year one, and 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 155.22% and total cumulative return in cash records $184,723. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,340/mo property income covering a $1,757/mo payment rather than investor’s personal income.
Single Family
Built in 1983
3,112 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: Nisim Korkus • Highlight Realty Corp/LW
Mls Name: BeachesMLS
Mls ID: #RX-11129213