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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 7862 NW 62nd Ter, Pompano Beach, FL, 33067 offers a 7.51% rental yield on a $649,000 purchase with $4,060/mo rent. 46% in year one. Equity gained on principal adds $4,188/yr while 5% annual appreciation supports $179,307 over five years. Portfolio math shows five-year ROI at 80.74% and total cumulative return in cash at $172,392. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,060/mo property income against a $3,177/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
5,271 sqft lot
$N/A/sqft
$195 monthly HOA
Neighborhood data shown for ZIP Code: 33067, Pompano Beach, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,573 (100%) |
| Owner Occupied HU | 7,045 (73.6%) |
| Renter Occupied HU | 2,293 (24.0%) |
| Vacant Housing Units | 235 ( 2.5%) |
| Median Home Value | $708,632 |
| Average Home Value | $768,930 |
Residential
10,134
Single Family
7,903
Multi-Family
2,231
Businesses
739
Date | Event | Price |
|---|---|---|
| 2025-01-31 | Listed for sale | $649,000 |
| 2025-01-30 | Listing removed | $649,000 |
| 2024-12-23 | Price change | $649,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $10282.94 | -1.69% | $511,310 | -0.85% |
| 2023-02-13 | $10459.42 | 122.28% | $515,680 | 100.86% |
| 2022-02-13 | $4705.49 | 3.85% | $256,730 | 3.00% |
Listed by: Tiffany Comunale • RE/MAX Select Group
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11736048
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.
