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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 7000 NW 11 ST, Margate, FL, 33063 generates $2,880/mo in rent and, after a $1,762/mo payment, leaves $166/mo in cash flow. Total monthly income is $2,880/mo, and annual cash flow is $1,991/yr on $119,307 invested. Return on cash invested sits at 21.58% in year one, and rental yield is 9.6% on a $359,900 entry. Equity gained on principal adds $2,322/yr, while 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 113.56% and total cumulative return in cash sums $135,482. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,880/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
N/A lot
$N/A/sqft
$85 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 |
|---|---|---|
| 2025-01-21 | Price change | $359,900 |
| 2024-11-10 | Price change | $369,900 |
| 2024-08-29 | Listed for sale | $374,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $6084.73 | 1.26% | $184,600 | 3.00% |
| 2023-02-13 | $6009.02 | 2.88% | $179,230 | 3.00% |
| 2022-02-13 | $5840.93 | 90.61% | $174,010 | 2.99% |
Listed by: Javier Fonseca • RE/MAX Direct
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10458732
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
