7490 Pinewalk Dr S #94Pompano 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
Rental property for sale in Pompano Beach at 7490 Pinewalk Dr S #94, Pompano Beach, FL, 33063 generates $3,612/mo in rent, after a $2,447/mo payment. Total monthly income is $3,612/mo. Return on cash invested sits at 16.32% in year one, and rental yield is 8.67% on a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 86.27% and total cumulative return in cash sums $142,988. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,612/mo property income rather than buyer’s personal income.
Townhouse
Built in 1990
N/A lot
$N/A/sqft
$480 semi 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 |
|---|---|---|
| 2024-08-28 | Listing removed | N/A |
| 2024-01-30 | Listed for sale | $431,000 |
| 2023-12-01 | Contingent | $375,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $8165.25 | 3.88% | $361,850 | 5.41% |
| 2023-02-13 | $7860.61 | 237.07% | $343,280 | 150.97% |
| 2022-02-13 | $2332.04 | 2.58% | $136,780 | 3.00% |
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Facts & Features
General Information
- Type: Townhouse
- Year Built: 1990
- Architectural Style: N/A
- Building Area: 1,620
- Living Area: 1,386 sqft
- Property Condition: Under Construction
Features & Amenities
- Heating: Central
- Cooling: Central Air
- Flooring: Tile, Wood
- Interior Features: Closet Cabinetry, Other
- Exterior Features: Screened Balcony
- Parking Features: Assigned, Other
Location
- City: Pompano Beach
- State: FL
- Subdivision: Holiday Springs Village
- Lot Size: N/A
- Lot Features: N/A
- View: Garden, Lake
HOA & Fees
- HOA Fee: $480 semi
- Association Fee: $480 semi
- Fees & Dues: N/A
- Association Amenities: Other
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Eddie Blanco • Stratwell, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11742329
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.