8500 NW 35th StPompano BeachFL33065
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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 8500 NW 35th St, Pompano Beach, FL, 33065 generates $8,702/mo in rent, after a $7,087/mo payment. Total monthly income is $8,702/mo. Return on cash invested sits at 18.05% in year one, and rental yield is 7.21% on a $1,448,000 entry. Equity gained on principal adds $9,344/yr, while 5% annual appreciation builds toward $400,056 over five years. Five-year ROI reaches 93.38% and total cumulative return in cash sums $438,113. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $8,702/mo property income rather than buyer’s personal income.
Multi Family
Built in 1971
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33065, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,438 (100%) |
| Owner Occupied HU | 10,540 (49.2%) |
| Renter Occupied HU | 9,904 (46.2%) |
| Vacant Housing Units | 994 ( 4.6%) |
| Median Home Value | $466,135 |
| Average Home Value | $508,045 |
Housing Distribution
Address Breakdown
Residential
20,582
Single Family
12,579
Multi-Family
8,003
Businesses
1,496
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Listed by: Rodolfo Robles • Coming Home Realty
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10444744
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.