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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 Margate at 5930 NW 24th Ct, Margate, FL, 33063 listed at $374,777 pairs $3,407/mo rent with a $1,834/mo payment to leave $920/mo cash flow. Total monthly income runs $3,407/mo, and annual cash flow reaches $11,043/yr on $124,239 cash to close. Return on cash invested measures 28.8% in year one, and rental yield registers 10.91% at a $374,777 basis. Equity gained on principal adds $2,418/yr, and annual property appreciation at 5% supports $103,544 by year five. Five-year ROI tracks 151.12% and total cumulative return in cash totals $187,745. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,407/mo property income relative to a $1,834/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1964
7,326 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-02-12 | Listed for sale | $374,777 |
| 2025-01-17 | Contingent | $374,777 |
| 2025-01-10 | Listed for sale | $374,777 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $1199.58 | 3.47% | $83,950 | 2.99% |
| 2023-02-13 | $1159.38 | 6.57% | $81,510 | 2.99% |
| 2022-02-13 | $1087.91 | 3.72% | $79,140 | 2.99% |
Listed by: Richard Thompson • The Keyes Company
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11722082
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
