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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 Coral Springs at 1811 NW 124th Ave, Coral Springs, FL, 33071 listed at $1,199,000 pairs $4,077/mo rent with a $5,869/mo payment. Total monthly income runs $4,077/mo. Return on cash invested measures 6.82% in year one, and rental yield registers 4.08% at a $1,199,000 basis. Equity gained on principal adds $7,737/yr, and annual property appreciation at 5% supports $331,262 by year five. Five-year ROI tracks 33.72% and total cumulative return in cash totals $131,001. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,077/mo property income relative to a $5,869/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1994
0.40 Acres lot
$N/A/sqft
$270 monthly 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 |
|---|---|---|
| 2019-06-25 | Sold | $654,000 |
| 2019-04-17 | Listed for sale | $674,800 |
| 2019-04-15 | Pending sale | $674,800 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-17 | $13501.75 | 2.50% | $647,680 | 3.00% |
| 2023-04-17 | $13171.96 | 4.88% | $628,820 | 3.00% |
| 2022-04-17 | $12558.56 | 2.95% | $610,510 | 3.00% |
Listed by: Marcus Edwards • Redfin Corporation
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10498771
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.
