8061 Southgate Blvd APT I3Pompano BeachFL33068
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 8061 Southgate Blvd APT I3, Pompano Beach, FL, 33068 in Pompano Beach achieves a 1.56 ratio at $252,500: $1,770/mo rent versus $1,135/mo debt service. Rental yield 8.41%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 8.41% yield compounds alongside 5% annual appreciation projecting $69,761 in value. Total projected cumulative return: $78,966.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.2% |
| Monthly Cash Flow | $(296) | $1,850 |
City averages based on Pompano Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,770 |
| Total Monthly Debt Service | $1,965 |
| DSCR Ratio | 0.90x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1988
N/A lot
$N/A/sqft
$390 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33068, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,276 (100%) |
| Owner Occupied HU | 10,191 (55.8%) |
| Renter Occupied HU | 7,006 (38.3%) |
| Vacant Housing Units | 1,079 ( 5.9%) |
| Median Home Value | $351,558 |
| Average Home Value | $407,427 |
Housing Distribution
Address Breakdown
Residential
18,138
Single Family
12,286
Multi-Family
5,852
Businesses
556
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
Condo
Built in 1988
N/A lot
$N/A/sqft
$390 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33068, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,276 (100%) |
| Owner Occupied HU | 10,191 (55.8%) |
| Renter Occupied HU | 7,006 (38.3%) |
| Vacant Housing Units | 1,079 ( 5.9%) |
| Median Home Value | $351,558 |
| Average Home Value | $407,427 |
Housing Distribution
Address Breakdown
Residential
18,138
Single Family
12,286
Multi-Family
5,852
Businesses
556
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mitchell Lvovsky • Cutting Edge Investments & Realty Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11637181
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.