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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 6193 Mohawk Ter, Margate, FL, 33063 uses $169,435 cash to close to unlock $23,292/yr annual cash flow and $1,941/mo monthly cash flow. Total monthly income runs $5,734/mo, and a $2,521/mo payment keeps the spread at $1,941/mo. Purchase price stands at $515,000, and rental yield measures 13.36% with $5,734/mo rent. Return on cash invested shows 33.81% in year one, and 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 178.88% and total cumulative return in cash records $303,085. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,734/mo property income covering a $2,521/mo payment rather than investor’s personal income.
Single Family
Built in 1994
3,038 sqft lot
$N/A/sqft
$185 annually 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 |
|---|---|---|
| 2024-06-27 | Listed for sale | $515,000 |
| 2021-05-14 | Sold | $353,000 |
| 2021-04-01 | Pending sale | $369,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-03 | $8900.02 | 9.35% | $352,850 | 6.50% |
| 2022-09-03 | $8138.84 | 5.50% | $331,320 | 20.75% |
| 2021-09-03 | $7714.32 | 3.34% | $274,390 | 7.44% |
Listed by: Gabriela Soto Diaz • EXP Realty LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11613219
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.
