








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 Coconut Creek at 1501 Cayman Way UNIT A-4, Coconut Creek, FL, 33066 offers a 10.45% rental yield on a $279,999 purchase with $2,438/mo rent. 69% in year one. Equity gained on principal adds $1,807/yr while 5% annual appreciation supports $77,359 over five years. Portfolio math shows five-year ROI at 95.08% and total cumulative return in cash at $88,256. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,438/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1987
N/A lot
$N/A/sqft
$752 monthly HOA
Neighborhood data shown for ZIP Code: 33066, Pompano Beach, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,599 (100%) |
| Owner Occupied HU | 7,308 (68.9%) |
| Renter Occupied HU | 1,632 (15.4%) |
| Vacant Housing Units | 1,659 (15.7%) |
| Median Home Value | $215,605 |
| Average Home Value | $269,364 |
Residential
9,646
Single Family
6,208
Multi-Family
3,438
Businesses
283
Date | Event | Price |
|---|---|---|
| 2025-01-06 | Listed for sale | $279,999 |
| 2024-08-22 | Listing removed | $281,900 |
| 2024-07-20 | Listed for sale | $281,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $2340.18 | 5.28% | $139,880 | 3.00% |
| 2023-02-13 | $2222.81 | 6.83% | $135,810 | 3.00% |
| 2022-02-13 | $2080.69 | 4.47% | $131,860 | 3.00% |



Listed by: Judith Montelus • Compass Florida, LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10479110
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 2025 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.