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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 3401 Bimini Ln UNIT D1, Pompano Beach, FL, 33066 offers $2,767/mo rent that, after a $857/mo payment, leaves $769/mo cash flow. Total monthly income is $2,767/mo, and annual cash flow is $9,233/yr on $58,013 cash. Return on cash invested measures 35.83% in year one, and rental yield stands at 18.97% at a $175,000 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,349 by year five. Five-year ROI records 195.09% and total cumulative return in cash reaches $113,179. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,767/mo property income versus a $857/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1983
N/A lot
$N/A/sqft
$679 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 |
|---|---|---|
| 2024-10-21 | Listed for sale | $175,000 |
| 2024-09-27 | Listing removed | $189,000 |
| 2024-07-16 | Listed for sale | $189,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $3439.05 | 20.71% | $133,060 | 9.99% |
| 2022-12-26 | $2848.99 | 14.25% | $120,970 | 9.99% |
| 2021-12-26 | $2493.56 | 56.36% | $109,980 | -0.37% |
Listed by: Liliana Cika • The Keyes Company
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10466517
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.
