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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 6990 NW 17th St, Margate, FL, 33063 earns $1,802/mo cash flow from $3,407/mo rent with a $1,126/mo payment. Total monthly income totals $3,407/mo, and annual cash flow totals $21,629/yr on $76,245 capital. ROI tracks 48.28% on current figures, and rental yield reads 17.78% at a $230,000 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 over five years. Five-year ROI reaches 256.03% and total cumulative return in cash sums $195,211. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,407/mo property income instead of your personal income.
Single Family
Built in 1972
4,478 sqft lot
$N/A/sqft
$78 monthly 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 |
|---|---|---|
| 2024-09-03 | Listed for sale | $230,000 |
| 2024-05-30 | Pending sale | $230,000 |
| 2024-05-10 | Listed for sale | $230,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-03 | $763.15 | -19.17% | $70,070 | 3.00% |
| 2022-09-03 | $944.11 | 0.46% | $68,030 | 3.00% |
| 2021-09-03 | $939.81 | 0.65% | $66,050 | 1.40% |
Listed by: Olga Tobon LLC • La Rosa Realty The Elite LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11585222
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.
