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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 Margate at 6188 Seminole Ter, Margate, FL, 33063 generates $4,141/mo in rent and, after a $2,374/mo payment, leaves $922/mo in cash flow. Total monthly income is $4,141/mo, and annual cash flow is $11,067/yr on $160,778 invested. Return on cash invested sits at 26.79% in year one, and rental yield is 10.25% on a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 140.36% and total cumulative return in cash sums $225,662. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,141/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
3,036 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Gonzalo Vargas • Parrot Realty LLC
Mls Name: BeachesMLS
Mls ID: #F10528969
