8061 Southgate Blvd APT I3Pompano BeachFL33068
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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 8061 Southgate Blvd APT I3, Pompano Beach, FL, 33068 with 5% annual appreciation on a $252,500 basis while $1,770/mo rent supports operations. 67% in year one. Equity gained on principal adds $1,629/yr, and five-year appreciation sums $69,761 alongside rental yield of 8.41%. Five-year ROI measures 82.75% and total cumulative return in cash totals $69,267. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,770/mo property income versus a $1,236/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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
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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.