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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Margate at 1070 NW 68th Ter, Margate, FL, 33063 listed at $389,900 pairs $3,074/mo rent with a $1,908/mo payment to leave $397/mo cash flow. Total monthly income runs $3,074/mo, and annual cash flow reaches $4,763/yr on $129,252 cash to close. Return on cash invested measures 23.59% in year one, and rental yield registers 9.46% at a $389,900 basis. Equity gained on principal adds $2,516/yr, and annual property appreciation at 5% supports $107,722 by year five. Five-year ROI tracks 123.48% and total cumulative return in cash totals $159,601. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,074/mo property income relative to a $1,908/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1974
7,953 sqft lot
$N/A/sqft
$270 quarterly HOA
Neighborhood data shown for ZIP Code: 33063, Pompano Beach, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,056 (100%) |
| Owner Occupied HU | 16,872 (64.8%) |
| Renter Occupied HU | 7,163 (27.5%) |
| Vacant Housing Units | 2,021 ( 7.8%) |
| Median Home Value | $373,620 |
| Average Home Value | $403,237 |
Residential
24,659
Single Family
15,663
Multi-Family
8,996
Businesses
1,414
Date | Event | Price |
|---|---|---|
| 2025-02-03 | Price change | $389,900 |
| 2025-01-21 | Listed for sale | $399,900 |
| 2025-01-05 | Listing removed | $409,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $1736.90 | 2.90% | $108,670 | 2.99% |
| 2023-02-13 | $1687.99 | 5.81% | $105,510 | 3.00% |
| 2022-02-13 | $1595.24 | 3.33% | $102,440 | 3.00% |
Listed by: Cyril Naduparambil • KURUVILA REALTY ASSOCIATES LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11729245
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.
