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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% |
Rental property for sale in Pompano Beach at 1315 SW 74th Ave, Pompano Beach, FL, 33068 generates $5,882/mo in rent and, after a $2,398/mo payment, leaves $2,325/mo in cash flow. Total monthly income is $5,882/mo, and annual cash flow is $27,897/yr on $162,435 invested. Return on cash invested sits at 37.08% in year one, and rental yield is 14.4% on a $490,000 entry. Equity gained on principal adds $3,162/yr, while 5% annual appreciation builds toward $135,378 over five years. Five-year ROI reaches 196.34% and total cumulative return in cash sums $318,924. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,882/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
6,600 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33068, Pompano Beach, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,276 (100%) |
| Owner Occupied HU | 10,191 (55.8%) |
| Renter Occupied HU | 7,006 (38.3%) |
| Vacant Housing Units | 1,079 ( 5.9%) |
| Median Home Value | $351,558 |
| Average Home Value | $407,427 |
Residential
18,138
Single Family
12,286
Multi-Family
5,852
Businesses
556
Date | Event | Price |
|---|---|---|
| 2024-08-25 | Listed for sale | $490,000 |
| 2020-10-17 | Listing removed | $2,100 |
| 2020-10-09 | Listed for rent | $2,100 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-03 | $8032.10 | 15.62% | $270,960 | 10.00% |
| 2022-09-03 | $6947.18 | 9.63% | $246,330 | 10.00% |
| 2021-09-03 | $6336.87 | 13.75% | $223,940 | 10.00% |
Listed by: Adriana Angel • A & D Real Estate LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10456602
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.
