800 Cypress Grove Drive #211Pompano BeachFL33069
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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 800 Cypress Grove Drive #211, Pompano Beach, FL, 33069 offers a 8.49% rental yield on a $299,000 purchase with $2,115/mo rent. Total monthly income registers $2,115/mo, and a $1,463/mo payment leaves $131/mo available for distribution. Annual cash flow reaches $1,575/yr on $99,119 to close, and return on cash invested stands at 21.5% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 111.99% and total cumulative return in cash at $110,998. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,115/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33069, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,997 (100%) |
| Owner Occupied HU | 6,951 (43.5%) |
| Renter Occupied HU | 5,759 (36.0%) |
| Vacant Housing Units | 3,287 (20.5%) |
| Median Home Value | $336,817 |
| Average Home Value | $458,178 |
Housing Distribution
Address Breakdown
Residential
14,522
Single Family
4,007
Multi-Family
10,515
Businesses
2,391
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Listed by: Dina Blau • REDFIN CORPORATION
Mls Name: BeachesMLS
Mls ID: #RX-11089767