6938 NW 33rd StMargateFL33063
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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 Margate at 6938 NW 33rd St, Margate, FL, 33063 listed at $579,777 pairs $4,140/mo rent with a $2,838/mo payment to leave $214/mo cash flow. Total monthly income runs $4,140/mo, and annual cash flow reaches $2,567/yr on $190,747 cash to close. Return on cash invested measures 21.41% in year one, and rental yield registers 8.57% at a $579,777 basis. Equity gained on principal adds $3,741/yr, and annual property appreciation at 5% supports $160,182 by year five. Five-year ROI tracks 111.6% and total cumulative return in cash totals $212,879. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,140/mo property income relative to a $2,838/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
4,961 sqft lot
$N/A/sqft
$235 quarterly 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
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Listed by: Enoris Quesada • Coldwell Banker Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11760498
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.