6972 NW 8th CourtPompano BeachFL33063
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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 6972 NW 8th Court, Pompano Beach, FL, 33063 uses $140,888 cash to close to unlock $3,567/yr annual cash flow and $297/mo monthly cash flow. Total monthly income runs $3,534/mo, and a $2,080/mo payment keeps the spread at $297/mo. Purchase price stands at $425,000, and rental yield measures 9.98% with $3,534/mo rent. Return on cash invested shows 22.44% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 118.31% and total cumulative return in cash records $166,685. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,534/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 1973
7,523 sqft lot
$N/A/sqft
No HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2025-04-04 | Listed for sale | $425,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-04 | $8778.77 | 14.48% | $432,640 | 37.94% |
| 2023-04-04 | $7668.16 | 12.31% | $313,640 | 10.00% |
| 2022-04-04 | $6827.95 | 10.05% | $285,130 | 10.00% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1973
- Architectural Style: Ranch
- Building Area: 2,221
- Living Area: 1,882 sqft
- Property Condition: Resale
Features & Amenities
- Heating: Central, Electric
- Cooling: Ceiling Fan(s), Central Air, Electric
- Flooring: Other, Terrazzo
- Interior Features: Entry Lvl Lvng Area, Stack Bedrooms
- Exterior Features: Room for Pool
- Parking Features: Driveway, Garage - Attached
Location
- City: Pompano Beach
- State: FL
- Subdivision: Oriole-margate Sec 3
- Lot Size: 7,523 sqft
- Lot Features: < 1/4 Acre, West of US-1
- View: Garden
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Morrow Elementary School
- Middle School: Silver Lakes Middle School
- High School: Coconut Creek High School
Listed by: Eddy Sua • Capital Group Realty of South Florida
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11078188
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.