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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 Coral Springs at 4915 NW 116th Ave, Coral Springs, FL, 33076 generates $9,410/mo in rent and, after a $5,869/mo payment, leaves $841/mo in cash flow. Total monthly income is $9,410/mo, and annual cash flow is $10,094/yr on $388,476 invested. Return on cash invested sits at 22.97% in year one, and rental yield is 9.42% on a $1,199,000 entry. Equity gained on principal adds $7,737/yr, while 5% annual appreciation builds toward $331,262 over five years. Five-year ROI reaches 120.44% and total cumulative return in cash sums $467,877. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $9,410/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
8,491 sqft lot
$N/A/sqft
$108 monthly HOA
Neighborhood data shown for ZIP Code: 33076, Pompano Beach, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,728 (100%) |
| Owner Occupied HU | 12,179 (82.7%) |
| Renter Occupied HU | 2,064 (14.0%) |
| Vacant Housing Units | 485 ( 3.3%) |
| Median Home Value | $753,559 |
| Average Home Value | $830,827 |
Residential
14,698
Single Family
13,081
Multi-Family
1,617
Businesses
503
Date | Event | Price |
|---|---|---|
| 2024-07-20 | Listed for sale | $1,199,000 |
| 2022-03-03 | Sold | $875,000 |
| 2022-02-01 | Pending sale | $799,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-03 | $16718.78 | 115.59% | $763,680 | 101.68% |
| 2022-09-03 | $7754.78 | 4.30% | $378,650 | 3.00% |
| 2021-09-03 | $7435.24 | 2.93% | $367,630 | 1.40% |
Listed by: Andrew Pateras • Pateras Realty, LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11005857
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.
