7305 NW 4th Pl APT 202Pompano 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 7305 NW 4th Pl APT 202, Pompano Beach, FL, 33063 offers a 9.61% rental yield on a $139,500 purchase with $1,117/mo rent. Total monthly income registers $1,117/mo, and a $683/mo payment leaves $191/mo available for distribution. Annual cash flow reaches $2,292/yr on $46,244 to close, and return on cash invested stands at 24.87% in year one. Equity gained on principal adds $900/yr while 5% annual appreciation supports $38,541 over five years. Portfolio math shows five-year ROI at 130.13% and total cumulative return in cash at $60,177. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,117/mo property income against a $683/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
N/A lot
$N/A/sqft
No 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: Rosaria Catinella PA • Realty 100
Mls Name: MIAMI
Mls ID: #A11935754