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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 1970 Las Colinas Way, Coral Springs, FL, 33071 uses $380,700 cash to close to unlock $59,577/yr annual cash flow and $4,965/mo monthly cash flow. Total monthly income runs $13,822/mo, and a $5,751/mo payment keeps the spread at $4,965/mo. Purchase price stands at $1,175,000, and rental yield measures 14.12% with $13,822/mo rent. Return on cash invested shows 36.02% in year one, and 5% annual appreciation builds toward $324,631 over five years. Five-year ROI reaches 190.94% and total cumulative return in cash records $726,922. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $13,822/mo property income covering a $5,751/mo payment rather than investor’s personal income.
Single Family
Built in 1990
0.38 Acres lot
$N/A/sqft
$250 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 |
|---|---|---|
| 2024-08-08 | Listed for sale | $1,175,000 |
| 2024-05-31 | Listing removed | N/A |
| 2024-05-03 | Price change | $1,100,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-03 | $20178.68 | 9.17% | $678,540 | 7.91% |
| 2022-09-03 | $18483.18 | 12.43% | $628,820 | 14.93% |
| 2021-09-03 | $16439.96 | 1.58% | $547,140 | 1.40% |
Listed by: Marsha Dixon-Rojas • Shiloh Realty Group LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10455392
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.
