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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 3300 N Palm Aire Dr UNIT 605, Pompano Beach, FL, 33069 earns $181/mo cash flow from $2,600/mo rent with a $1,175/mo payment. Total monthly income totals $2,600/mo, and annual cash flow totals $2,177/yr on $79,560 capital. ROI tracks 22.65% on current figures, and rental yield reads 13% at a $240,000 purchase. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 over five years. Five-year ROI reaches 122.66% and total cumulative return in cash sums $97,586. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,600/mo property income instead of your personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
$685 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 |
|---|---|---|
| 2024-11-30 | Listed for sale | $240,000 |
| 2021-07-13 | Listing removed | N/A |
| 2021-07-07 | Listed for rent | $1,650 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-25 | $3822.06 | 18.05% | $152,980 | 9.99% |
| 2022-12-25 | $3237.65 | 13.23% | $139,080 | 10.00% |
| 2021-12-25 | $2859.34 | 11.41% | $126,440 | 10.00% |
Listed by: Stephen K Hachey • Flat Fee MLS Realty
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10472626
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.
