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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 Parkland at 11231 Watercrest Cir W, Parkland, FL, 33076 listed at $1,899,000 pairs $18,314/mo rent with a $9,295/mo payment to leave $4,893/mo cash flow. Total monthly income runs $18,314/mo, and annual cash flow reaches $58,719/yr on $615,276 cash to close. Return on cash invested measures 29.91% in year one, and rental yield registers 11.57% at a $1,899,000 basis. Equity gained on principal adds $12,254/yr, and annual property appreciation at 5% supports $524,659 by year five. Five-year ROI tracks 157.57% and total cumulative return in cash totals $969,505. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $18,314/mo property income relative to a $9,295/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2019
8,750 sqft lot
$N/A/sqft
$467 monthly HOA
Neighborhood data shown for ZIP Code: 33076, Pompano Beach, FL area.
| 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 |
Residential
14,698
Single Family
13,081
Multi-Family
1,617
Businesses
503
Date | Event | Price |
|---|---|---|
| 2024-08-31 | Price change | $1,899,000 |
| 2024-07-14 | Listed for sale | $1,995,000 |
| 2019-01-22 | Sold | $1,055,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-03 | $21116.72 | 6.52% | $1,024,530 | 5.17% |
| 2022-09-03 | $19823.64 | 3.28% | $974,210 | 3.00% |
| 2021-09-03 | $19194.96 | -0.01% | $945,840 | -0.39% |
Listed by: Rachel Small • LoKation
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11004153
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.
