9899 Westview Dr #516Pompano BeachFL33076
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 9899 Westview Dr #516, Pompano Beach, FL, 33076 uses $59,637 cash to close to unlock $12,368/yr annual cash flow and $1,031/mo monthly cash flow. Total monthly income runs $2,225/mo, and a $881/mo payment keeps the spread at $1,031/mo. Purchase price stands at $179,900, and rental yield measures 14.84% with $2,225/mo rent. Return on cash invested shows 40.65% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 214.65% and total cumulative return in cash records $128,013. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,225/mo property income covering a $881/mo payment rather than investor’s personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33076, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,728 (100%) |
| Owner Occupied HU | 12,179 (82.7%) |
| Renter Occupied HU | 2,064 (14.0%) |
| Vacant Housing Units | 485 ( 3.3%) |
| Median Home Value | $753,559 |
| Average Home Value | $830,827 |
Housing Distribution
Address Breakdown
Residential
14,698
Single Family
13,081
Multi-Family
1,617
Businesses
503
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lauren Feher • Coldwell Banker Realty
Mls Name: BeachesMLS
Mls ID: #F10514339