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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 Coral Springs at 4985 Riverside Drive #506, Coral Springs, FL, 33067 uses $154,148 cash to close to unlock $1,875/yr annual cash flow and $156/mo monthly cash flow. Total monthly income runs $3,899/mo, and a $2,276/mo payment keeps the spread at $156/mo. Purchase price stands at $465,000, and rental yield measures 10.06% with $3,899/mo rent. Return on cash invested shows 21.13% in year one, and 5% annual appreciation builds toward $128,471 over five years. Five-year ROI reaches 111.82% and total cumulative return in cash records $172,367. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,899/mo property income covering a $2,276/mo payment rather than investor’s personal income.
Townhouse
Built in 1989
N/A lot
$N/A/sqft
$598 monthly HOA
Neighborhood data shown for ZIP Code: 33067, Pompano Beach, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,573 (100%) |
| Owner Occupied HU | 7,045 (73.6%) |
| Renter Occupied HU | 2,293 (24.0%) |
| Vacant Housing Units | 235 ( 2.5%) |
| Median Home Value | $708,632 |
| Average Home Value | $768,930 |
Residential
10,134
Single Family
7,903
Multi-Family
2,231
Businesses
739
Date | Event | Price |
|---|---|---|
| 2024-09-30 | Price change | $465,000 |
| 2024-08-21 | Listed for sale | $474,900 |
| 2024-05-31 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-23 | $4846.04 | 5.30% | $228,570 | 3.00% |
| 2022-12-23 | $4601.92 | 5.49% | $221,920 | 3.00% |
| 2021-12-23 | $4362.39 | 3.30% | $215,460 | 1.40% |
Listed by: Yuriy Kogan • Serhant
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11013799
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.
