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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 Pompano Beach at 8041 Southgate Blvd APT H5, Pompano Beach, FL, 33068 generates $2,485/mo in rent and, after a $1,199/mo payment, leaves $469/mo in cash flow. Total monthly income is $2,485/mo, and annual cash flow is $5,631/yr on $81,218 invested. Return on cash invested sits at 26.84% in year one, and rental yield is 12.17% on a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 142.74% and total cumulative return in cash sums $115,932. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,485/mo property income rather than buyer’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
$390 monthly 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 |
|---|---|---|
| 2024-12-11 | Price change | $245,000 |
| 2024-12-04 | Listed for rent | $2,400 |
| 2024-11-20 | Price change | $247,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Mitchell Lvovsky • Cutting Edge Investments & Realty Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11691330
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.
