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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 Coconut Creek at 2705 Nassau Bnd APT D2, Coconut Creek, FL, 33066 priced at $125,000 pairs $1,940/mo rent with $531/mo cash flow after a $612/mo payment. Total monthly income equals $1,940/mo, and annual cash flow comes to $6,375/yr on $41,438 invested. Return on cash invested is 35.29% in year one, and rental yield stands at 18.62% on a $125,000 basis. Equity gained on principal adds $807/yr, and 5% annual appreciation accumulates to $34,535 by year five. Five-year ROI measures 192.1% and total cumulative return in cash reaches $79,601. For financing, Ziffy Mortgage’s DSCR program evaluates $1,940/mo property income against a $612/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1976
N/A lot
$N/A/sqft
$579 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 |
|---|---|---|
| 2024-07-03 | Price change | $125,000 |
| 2024-04-24 | Listed for sale | $135,000 |
| 2024-04-05 | Pending sale | $135,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-03 | $918.49 | 6.14% | $70,930 | 2.99% |
| 2022-09-03 | $865.34 | 3.19% | $68,870 | 2.99% |
| 2021-09-03 | $838.59 | -38.13% | $66,870 | 17.94% |
Listed by: Claudio Petasne • eXp Realty LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10409339
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.
