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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 301 Gardens Dr APT 202, Pompano Beach, FL, 33069 uses $58,013 cash to close to unlock $14,867/yr annual cash flow and $1,239/mo monthly cash flow. Total monthly income runs $2,860/mo, and a $857/mo payment keeps the spread at $1,239/mo. Purchase price stands at $175,000, and rental yield measures 19.61% with $2,860/mo rent. Return on cash invested shows 45.54% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 244.3% and total cumulative return in cash records $141,727. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,860/mo property income covering a $857/mo payment rather than investor’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
$348 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 |
|---|---|---|
| 2024-07-28 | Listed for sale | $175,000 |
| 2024-07-25 | Pending sale | $175,000 |
| 2024-07-15 | Listed for sale | $175,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-03 | $2893.51 | 25.39% | $102,910 | 9.99% |
| 2022-09-03 | $2307.52 | 12.90% | $93,560 | 9.99% |
| 2021-09-03 | $2043.94 | 10.99% | $85,060 | 10.00% |
Listed by: Veronica Bakaric • VM Real Estate, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11615722
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.
