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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 8801 Wiles Rd APT 308, Pompano Beach, FL, 33067 generates $3,001/mo in rent, after a $1,512/mo payment. Total monthly income is $3,001/mo. Return on cash invested sits at 19.12% in year one, and rental yield is 11.65% on a $309,000 entry. Equity gained on principal adds $1,994/yr, while 5% annual appreciation builds toward $85,371 over five years. Five-year ROI reaches 103.53% and total cumulative return in cash sums $106,049. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,001/mo property income rather than buyer’s personal income.
Condo
Built in 1991
N/A lot
$N/A/sqft
$750 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 |
|---|---|---|
| 2025-01-27 | Listing removed | $2,500 |
| 2025-01-15 | Price change | $309,000 |
| 2025-01-03 | Listed for sale | $319,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-11 | $5966.89 | 12.28% | $249,130 | 10.00% |
| 2023-02-11 | $5314.19 | 11.05% | $226,490 | 10.00% |
| 2022-02-11 | $4785.53 | 19.59% | $205,900 | 19.31% |
Listed by: Gloria Orozco • United Realty Group, Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11716742
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.
