8801 Wiles Rd APT 306Pompano BeachFL33067
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 8801 Wiles Rd APT 306, Pompano Beach, FL, 33067 in Pompano Beach at $237,900 earns $1,709/mo in rent and nets $130/mo after the $1,070/mo payment, a 8.62% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $65,727 over five years. Ziffy Mortgage underwrites this on a 1.60 DSCR without U.S. credit history. With $2,191/yr in principal paydown, total projected return reaches $99,060.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.2% |
| Monthly Cash Flow | $130 | $1,850 |
City averages based on Pompano Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,709 |
| Total Monthly Debt Service | $1,484 |
| DSCR Ratio | 1.15x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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: Lucas Dionisi • SOFLO Luxury Real Estate
Mls Name: MIAMI
Mls ID: #A11886637