8296 NW 128th Ln #8296Pompano BeachFL33076
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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 8296 NW 128th Ln #8296, Pompano Beach, FL, 33076 offers a 9.86% rental yield on a $514,718 purchase with $4,229/mo rent. Total monthly income registers $4,229/mo, and a $2,519/mo payment leaves $814/mo available for distribution. Annual cash flow reaches $9,762/yr on $169,342 to close, and return on cash invested stands at 25.83% in year one. Equity gained on principal adds $3,321/yr while 5% annual appreciation supports $142,207 over five years. Portfolio math shows five-year ROI at 135.13% and total cumulative return in cash at $228,837. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,229/mo property income against a $2,519/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33076, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,728 (100%) |
| Owner Occupied HU | 12,179 (82.7%) |
| Renter Occupied HU | 2,064 (14.0%) |
| Vacant Housing Units | 485 ( 3.3%) |
| Median Home Value | $753,559 |
| Average Home Value | $830,827 |
Housing Distribution
Address Breakdown
Residential
14,698
Single Family
13,081
Multi-Family
1,617
Businesses
503
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Listed by: Evan M Braunstein • Realty 100
Mls Name: BeachesMLS
Mls ID: #F10535475