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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 Pompano Beach at 2960 NW 87th Terrace, Pompano Beach, FL, 33065 uses $229,971 cash to close to unlock $943/yr annual cash flow and $79/mo monthly cash flow. Total monthly income runs $4,717/mo, and a $3,421/mo payment keeps the spread at $79/mo. Purchase price stands at $699,000, and rental yield measures 8.1% with $4,717/mo rent. Return on cash invested shows 20.47% in year one, and 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 106.41% and total cumulative return in cash records $244,718. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,717/mo property income covering a $3,421/mo payment rather than investor’s personal income.
Single Family
Built in 1972
10,059 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33065, Pompano Beach, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,438 (100%) |
| Owner Occupied HU | 10,540 (49.2%) |
| Renter Occupied HU | 9,904 (46.2%) |
| Vacant Housing Units | 994 ( 4.6%) |
| Median Home Value | $466,135 |
| Average Home Value | $508,045 |
Residential
20,582
Single Family
12,579
Multi-Family
8,003
Businesses
1,496
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: David Whitelaw • Compass Florida LLC
Mls Name: BeachesMLS
Mls ID: #RX-11112620
