801 Pine Dr #21Pompano 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
Rental property for sale in Pompano Beach at 801 Pine Dr #21, Pompano Beach, FL, 33060 generates $1,542/mo in rent and, after a $973/mo payment, leaves $223/mo in cash flow. Total monthly income is $1,542/mo, and annual cash flow is $2,673/yr on $65,898 invested. Return on cash invested sits at 23.97% in year one, and rental yield is 9.31% on a $198,788 entry. Equity gained on principal adds $1,283/yr, while 5% annual appreciation builds toward $54,921 over five years. Five-year ROI reaches 125.19% and total cumulative return in cash sums $82,499. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,542/mo property income rather than buyer’s personal income.
Condo
Built in 1965
N/A 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: Lin Kalomeris • Balistreri Real Estate Inc
Mls Name: BeachesMLS
Mls ID: #F10540314