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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 8781 Wiles Rd APT 203, Pompano Beach, FL, 33067 generates $3,938/mo in rent and, after a $1,459/mo payment, leaves $1,244/mo in cash flow. Total monthly income is $3,938/mo, and annual cash flow is $14,932/yr on $98,787 invested. Return on cash invested sits at 35.02% in year one, and rental yield is 15.86% on a $298,000 entry. Equity gained on principal adds $1,923/yr, while 5% annual appreciation builds toward $82,332 over five years. Five-year ROI reaches 187.66% and total cumulative return in cash sums $185,384. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,938/mo property income rather than buyer’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
$550 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 |
|---|---|---|
| 2024-04-22 | Listed for sale | $298,000 |
| 2023-01-20 | Listing removed | N/A |
| 2023-01-09 | Price change | $2,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-03 | $4638.60 | 11.03% | $188,820 | 10.00% |
| 2022-09-03 | $4177.66 | 14.01% | $171,660 | 10.00% |
| 2021-09-03 | $3664.23 | 8.03% | $156,060 | 7.71% |
Listed by: Linda Liang • Great Palm Beach Realty Inc.
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-10980380
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.
