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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 3939 Cocoplum Cir, Pompano Beach, FL, 33063 priced at $250,000 pairs $2,531/mo rent with $367/mo cash flow after a $1,224/mo payment. Total monthly income equals $2,531/mo, and annual cash flow comes to $4,399/yr on $82,875 invested. Return on cash invested is 25.22% in year one, and rental yield stands at 12.15% on a $250,000 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 134.56% and total cumulative return in cash reaches $111,514. For financing, Ziffy Mortgage’s DSCR program evaluates $2,531/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1984
N/A lot
$N/A/sqft
$505 monthly HOA
Neighborhood data shown for ZIP Code: 33063, Pompano Beach, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,056 (100%) |
| Owner Occupied HU | 16,872 (64.8%) |
| Renter Occupied HU | 7,163 (27.5%) |
| Vacant Housing Units | 2,021 ( 7.8%) |
| Median Home Value | $373,620 |
| Average Home Value | $403,237 |
Residential
24,659
Single Family
15,663
Multi-Family
8,996
Businesses
1,414
Date | Event | Price |
|---|---|---|
| 2024-07-20 | Listed for sale | $250,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Tami Reilly • Champagne & Parisi Real Estate
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11005995
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.
