8801 Wiles Rd APT 306Pompano BeachFL33067
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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 8801 Wiles Rd APT 306, Pompano Beach, FL, 33067 listed at $237,900 pairs $1,709/mo rent with a $1,164/mo payment to leave $131/mo cash flow. Total monthly income runs $1,709/mo, and annual cash flow reaches $1,568/yr on $78,864 cash to close. Return on cash invested measures 21.9% in year one, and rental yield registers 8.62% at a $237,900 basis. Equity gained on principal adds $1,535/yr, and annual property appreciation at 5% supports $65,727 by year five. Five-year ROI tracks 114.11% and total cumulative return in cash totals $89,991. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,709/mo property income relative to a $1,164/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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
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Listed by: Lucas Dionisi • SOFLO Luxury Real Estate
Mls Name: MIAMI
Mls ID: #A11886637