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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 5309 NW 117th Ave, Coral Springs, FL, 33076 generates $9,220/mo in rent and, after a $3,279/mo payment, leaves $4,649/mo in cash flow. Total monthly income is $9,220/mo, and annual cash flow is $55,789/yr on $220,430 invested. Return on cash invested sits at 45.37% in year one, and rental yield is 16.51% on a $669,999 entry. Equity gained on principal adds $4,323/yr, while 5% annual appreciation builds toward $185,108 over five years. Five-year ROI reaches 240.19% and total cumulative return in cash sums $529,457. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $9,220/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
5,443 sqft lot
$N/A/sqft
$125 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 |
|---|---|---|
| 2024-08-14 | Price change | $669,999 |
| 2024-07-26 | Listed for sale | $674,999 |
| 2014-12-03 | Sold | $295,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-03 | $5754.19 | 5.18% | $274,450 | 3.00% |
| 2022-09-03 | $5470.94 | 4.99% | $266,460 | 3.00% |
| 2021-09-03 | $5210.84 | 3.17% | $258,700 | 1.40% |
Listed by: Laura Sanders • RE/MAX Direct
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10452491
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.
