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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 Pompano Beach at 11116 Royal Palm Blvd #2-10, Pompano Beach, FL, 33065 listed at $209,900 pairs $3,509/mo rent with a $1,027/mo payment to leave $1,605/mo cash flow. Total monthly income runs $3,509/mo, and annual cash flow reaches $19,256/yr on $69,582 cash to close. Return on cash invested measures 47.58% in year one, and rental yield registers 20.06% at a $209,900 basis. Equity gained on principal adds $1,354/yr, and annual property appreciation at 5% supports $57,992 by year five. Five-year ROI tracks 255.04% and total cumulative return in cash totals $177,464. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,509/mo property income relative to a $1,027/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1990
N/A lot
$N/A/sqft
$390 monthly HOA
Neighborhood data shown for ZIP Code: 33065, Pompano Beach, FL area.
| 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 |
Residential
20,582
Single Family
12,579
Multi-Family
8,003
Businesses
1,496
Date | Event | Price |
|---|---|---|
| 2024-09-02 | Price change | $209,900 |
| 2024-08-16 | Listing removed | N/A |
| 2024-07-19 | Price change | $1,800 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-03 | $3328.34 | 16.74% | $121,480 | 10.00% |
| 2022-09-03 | $2851.01 | 10.38% | $110,440 | 10.00% |
| 2021-09-03 | $2583.02 | 6.58% | $100,400 | 8.13% |
Listed by: Silmo Moura • United Realty Group Inc
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10450111
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
