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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 Pompano Beach at 6490 SW 8th St, Pompano Beach, FL, 33068 uses $116,357 cash to close to unlock $10,192/yr annual cash flow and $849/mo monthly cash flow. Total monthly income runs $3,484/mo, and a $1,718/mo payment keeps the spread at $849/mo. Purchase price stands at $351,000, and rental yield measures 11.91% with $3,484/mo rent. Return on cash invested shows 28.67% in year one, and 5% annual appreciation builds toward $96,975 over five years. Five-year ROI reaches 151.57% and total cumulative return in cash records $176,356. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,484/mo property income covering a $1,718/mo payment rather than investor’s personal income.
Single Family
Built in 1974
6,499 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33068, Pompano Beach, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,276 (100%) |
| Owner Occupied HU | 10,191 (55.8%) |
| Renter Occupied HU | 7,006 (38.3%) |
| Vacant Housing Units | 1,079 ( 5.9%) |
| Median Home Value | $351,558 |
| Average Home Value | $407,427 |
Residential
18,138
Single Family
12,286
Multi-Family
5,852
Businesses
556
Date | Event | Price |
|---|---|---|
| 2025-02-05 | Listed for sale | $351,000 |
| 2024-02-09 | Listing removed | N/A |
| 2024-02-08 | Listed for rent | $2,410 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $6787.99 | 4.89% | $261,810 | 10.00% |
| 2023-02-13 | $6471.55 | 14.00% | $238,010 | 10.00% |
| 2022-02-13 | $5676.62 | 11.39% | $216,380 | 10.00% |
Listed by: Robert Salmons • Entera Realty LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11735489
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.
