808 Cypress BoulevardPompano 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
Rental property for sale in Pompano Beach at 808 Cypress Boulevard, Pompano Beach, FL, 33069 priced at $260,000 converts $1,870/mo rent into $144/mo cash flow after a $1,273/mo obligation. Total monthly income equals $1,870/mo, and annual cash flow totals $1,730/yr on $86,190 invested. Return on cash invested prints 21.92% in year one, and rental yield reads 8.63% against a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation compiles into $71,833 by year five. Five-year ROI reaches 114.23% and total cumulative return in cash sums $98,453. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,870/mo property income covering a $1,273/mo payment, not borrower’s personal income.
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: Bailey Vonnegut • Compass Florida, LLC
Mls Name: BeachesMLS
Mls ID: #RX-11136037