6947 Pines Circle #21Pompano BeachFL33073
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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 6947 Pines Circle #21, Pompano Beach, FL, 33073 offers a 8.16% rental yield on a $605,000 purchase with $4,115/mo rent. Total monthly income registers $4,115/mo, and a $2,961/mo payment leaves $100/mo available for distribution. Annual cash flow reaches $1,203/yr on $199,045 to close, and return on cash invested stands at 20.66% in year one. Equity gained on principal adds $3,904/yr while 5% annual appreciation supports $167,150 over five years. Portfolio math shows five-year ROI at 107.46% and total cumulative return in cash at $213,898. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,115/mo property income against a $2,961/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2019
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33073, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,950 (100%) |
| Owner Occupied HU | 7,427 (57.4%) |
| Renter Occupied HU | 4,980 (38.5%) |
| Vacant Housing Units | 543 ( 4.2%) |
| Median Home Value | $481,927 |
| Average Home Value | $490,357 |
Housing Distribution
Address Breakdown
Residential
12,644
Single Family
8,590
Multi-Family
4,054
Businesses
1,199
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Listed by: Glenn Marks • Millennium Real Estate Invest
Mls Name: BeachesMLS
Mls ID: #F10544570