676 W Palm Aire DrPompano BeachFL33069
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
Rental property for sale in Pompano Beach at 676 W Palm Aire Dr, Pompano Beach, FL, 33069 priced at $788,800 converts $4,942/mo rent into after a $3,861/mo obligation. Total monthly income equals $4,942/mo. Return on cash invested prints 18.71% in year one, and rental yield reads 7.52% against a $788,800 entry. Equity gained on principal adds $5,090/yr, while 5% annual appreciation compiles into $217,931 by year five. Five-year ROI reaches 96.96% and total cumulative return in cash sums $251,623. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,942/mo property income covering a $3,861/mo payment, not borrower’s personal income.
Townhouse
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33069, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,997 (100%) |
| Owner Occupied HU | 6,951 (43.5%) |
| Renter Occupied HU | 5,759 (36.0%) |
| Vacant Housing Units | 3,287 (20.5%) |
| Median Home Value | $336,817 |
| Average Home Value | $458,178 |
Housing Distribution
Address Breakdown
Residential
14,522
Single Family
4,007
Multi-Family
10,515
Businesses
2,391
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nick Galante • Luxury Real Estate Group LLC
Mls Name: BeachesMLS
Mls ID: #F10515060