8741 Wiles Rd APT 208Pompano BeachFL33067
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 8741 Wiles Rd APT 208, Pompano Beach, FL, 33067 earns $148/mo cash flow from $1,973/mo rent with a $1,346/mo payment. Total monthly income totals $1,973/mo, and annual cash flow totals $1,776/yr on $91,163 capital. ROI tracks 21.86% on current figures, and rental yield reads 8.61% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 113.94% and total cumulative return in cash sums $103,871. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,973/mo property income instead of your personal income.
Condo
Built in 1991
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33067, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,573 (100%) |
| Owner Occupied HU | 7,045 (73.6%) |
| Renter Occupied HU | 2,293 (24.0%) |
| Vacant Housing Units | 235 ( 2.5%) |
| Median Home Value | $708,632 |
| Average Home Value | $768,930 |
Housing Distribution
Address Breakdown
Residential
10,134
Single Family
7,903
Multi-Family
2,231
Businesses
739
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gary Caccaviello • United Realty Group, Inc
Mls Name: MIAMI
Mls ID: #A11926891