9203 NW 38th Dr APT 12Pompano 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
Investment property for sale in Pompano Beach at 9203 NW 38th Dr APT 12, Pompano Beach, FL, 33065 offers a 12.27% rental yield on a $175,000 purchase with $1,790/mo rent. Total monthly income registers $1,790/mo, and a $857/mo payment leaves $53/mo available for distribution. Annual cash flow reaches $630/yr on $58,013 to close, and return on cash invested stands at 20.99% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 113.62% and total cumulative return in cash at $65,911. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,790/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1969
N/A lot
$N/A/sqft
$450 monthly 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: Gisela Hazan • EXP Realty LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11856857
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.