861 SW 55th WayMargateFL33068
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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 Margate at 861 SW 55th Way, Margate, FL, 33068 earns $189/mo cash flow from $4,105/mo rent with a $2,888/mo payment. Total monthly income totals $4,105/mo, and annual cash flow totals $2,273/yr on $194,110 capital. ROI tracks 21.23% on current figures, and rental yield reads 8.35% at a $590,000 purchase. Equity gained on principal adds $3,807/yr, and 5% annual appreciation supports $163,006 over five years. Five-year ROI reaches 110.5% and total cumulative return in cash sums $214,492. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,105/mo property income instead of your personal income.
Single Family
Built in 1977
0.32 Acres lot
$N/A/sqft
No 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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