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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 Parkland at 7289 NW 127th Way, Parkland, FL, 33076 earns $5,192/mo cash flow from $17,520/mo rent with a $8,688/mo payment. Total monthly income totals $17,520/mo, and annual cash flow totals $62,299/yr on $575,100 capital. ROI tracks 31.2% on current figures, and rental yield reads 11.84% at a $1,775,000 purchase. Equity gained on principal adds $11,454/yr, and 5% annual appreciation supports $490,400 over five years. Five-year ROI reaches 164.32% and total cumulative return in cash sums $945,010. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $17,520/mo property income instead of your personal income.
Single Family
Built in 2002
0.40 Acres lot
$N/A/sqft
$475 monthly HOA
Neighborhood data shown for ZIP Code: 33076, Pompano Beach, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,728 (100%) |
| Owner Occupied HU | 12,179 (82.7%) |
| Renter Occupied HU | 2,064 (14.0%) |
| Vacant Housing Units | 485 ( 3.3%) |
| Median Home Value | $753,559 |
| Average Home Value | $830,827 |
Residential
14,698
Single Family
13,081
Multi-Family
1,617
Businesses
503
Date | Event | Price |
|---|---|---|
| 2024-08-25 | Listed for sale | $1,775,000 |
| 2023-06-13 | Sold | $1,645,000 |
| 2023-05-29 | Pending sale | $1,800,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-03 | $16683.49 | 4.87% | $855,940 | 3.00% |
| 2022-09-03 | $15909.01 | 3.79% | $831,010 | 3.00% |
| 2021-09-03 | $15328.69 | 1.74% | $806,810 | 1.40% |
Listed by: Tracy Hibshman • RE/MAX Direct
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10456587
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 2024 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.
