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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 2334 S Cypress Bend Dr APT 811, Pompano Beach, FL, 33069 generates $2,740/mo in rent and, after a $1,517/mo payment, leaves $83/mo in cash flow. Total monthly income is $2,740/mo, and annual cash flow is $999/yr on $102,732 invested. Return on cash invested sits at 20.88% in year one, and rental yield is 10.61% on a $309,900 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,620 over five years. Five-year ROI reaches 111.21% and total cumulative return in cash sums $114,252. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,740/mo property income rather than buyer’s personal income.
Condo
Built in 1994
N/A lot
$N/A/sqft
$600 monthly HOA
Neighborhood data shown for ZIP Code: 33069, Pompano Beach, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,997 (100%) |
| Owner Occupied HU | 6,951 (43.5%) |
| Renter Occupied HU | 5,759 (36.0%) |
| Vacant Housing Units | 3,287 (20.5%) |
| Median Home Value | $336,817 |
| Average Home Value | $458,178 |
Residential
14,522
Single Family
4,007
Multi-Family
10,515
Businesses
2,391
Date | Event | Price |
|---|---|---|
| 2024-08-16 | Price change | $309,900 |
| 2024-08-14 | Price change | $322,750 |
| 2024-07-25 | Listed for sale | $327,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-03 | $1935.24 | 674.10% | $124,300 | 3.00% |
| 2022-09-03 | $250.00 | 13.64% | $120,680 | 3.00% |
| 2021-09-03 | $220.00 | N/A | $117,170 | 1.39% |
Listed by: Juan Larrazabal • Global Luxury Realty LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11566510
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.
