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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 117 SW 98th Ln, Pompano Beach, FL, 33071 at $719,000 posts ROI 30.68% with $2,093/mo cash flow from $7,422/mo rent. Total monthly income equals $7,422/mo, and annual cash flow records $25,115/yr on $236,551 to close. Return on cash invested measures 30.68% and rental yield reads 12.39% at the current $719,000. Equity gained on principal adds $4,640/yr, and 5% annual appreciation supports $198,646 by year five. Five-year ROI prints 162.17% and total cumulative return in cash totals $383,609.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,422/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1979
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33071, Pompano Beach, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,674 (100%) |
| Owner Occupied HU | 9,464 (64.5%) |
| Renter Occupied HU | 4,764 (32.5%) |
| Vacant Housing Units | 446 ( 3.0%) |
| Median Home Value | $587,718 |
| Average Home Value | $600,818 |
Residential
13,659
Single Family
10,505
Multi-Family
3,154
Businesses
741
Date | Event | Price |
|---|---|---|
| 2024-07-16 | Price change | $719,000 |
| 2024-07-01 | Listed for sale | $725,000 |
| 2024-06-30 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-03 | $13092.47 | 17.14% | $583,260 | 16.58% |
| 2022-09-03 | $11176.54 | 44.24% | $500,330 | 33.36% |
| 2021-09-03 | $7748.67 | 2.29% | $375,180 | 1.40% |
Listed by: Fabian Palacios • Coldwell Banker Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11615563
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.
