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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 Coral Springs at 8857 NW 21st St, Coral Springs, FL, 33071 generates $3,436/mo in rent, after a $3,426/mo payment. Total monthly income is $3,436/mo. Return on cash invested sits at 12.43% in year one, and rental yield is 5.89% on a $699,999 entry. Equity gained on principal adds $4,517/yr, while 5% annual appreciation builds toward $193,397 over five years. Five-year ROI reaches 63.78% and total cumulative return in cash sums $146,883. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,436/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
9,600 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33071, Pompano Beach, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,674 (100%) |
| Owner Occupied HU | 9,464 (64.5%) |
| Renter Occupied HU | 4,764 (32.5%) |
| Vacant Housing Units | 446 ( 3.0%) |
| Median Home Value | $587,718 |
| Average Home Value | $600,818 |
Residential
13,659
Single Family
10,505
Multi-Family
3,154
Businesses
741
Date | Event | Price |
|---|---|---|
| 2024-11-27 | Price change | $699,999 |
| 2024-11-15 | Listed for sale | $715,000 |
| 2021-01-27 | Sold | $463,150 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-25 | $9292.61 | 5.05% | $441,150 | 3.00% |
| 2022-12-25 | $8846.03 | 59.08% | $428,310 | 59.79% |
| 2021-12-25 | $5560.80 | 8.61% | $268,040 | 7.82% |
Listed by: Damon Penn PA • EXP Realty, LLC.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11691833
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.
