740 NW 17th StPompano BeachFL33060
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
Investment property for sale in Pompano Beach at 740 NW 17th St, Pompano Beach, FL, 33060 earns $98/mo cash flow from $2,487/mo rent with a $1,762/mo payment. Total monthly income totals $2,487/mo, and annual cash flow totals $1,176/yr on $119,340 capital. ROI tracks 20.89% on current figures, and rental yield reads 8.29% at a $360,000 purchase. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,461 over five years. Five-year ROI reaches 108.7% and total cumulative return in cash sums $129,717. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,487/mo property income instead of your personal income.
Single Family
Built in 1960
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33060, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,910 (100%) |
| Owner Occupied HU | 7,551 (42.2%) |
| Renter Occupied HU | 8,368 (46.7%) |
| Vacant Housing Units | 1,991 (11.1%) |
| Median Home Value | $544,067 |
| Average Home Value | $567,534 |
Housing Distribution
Address Breakdown
Residential
15,008
Single Family
9,542
Multi-Family
5,466
Businesses
1,306
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marshelle Moreland • EXP Realty LLC
Mls Name: MIAMI
Mls ID: #A11846478