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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 8871 Wiles Rd APT 204, Pompano Beach, FL, 33067 listed at $249,000 pairs $1,699/mo rent with a $1,219/mo payment. Total monthly income runs $1,699/mo. Return on cash invested measures 7.94% in year one, and rental yield registers 8.19% at a $249,000 basis. Equity gained on principal adds $1,607/yr, and annual property appreciation at 5% supports $68,794 by year five. Five-year ROI tracks 43.84% and total cumulative return in cash totals $36,188. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,699/mo property income relative to a $1,219/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1990
N/A lot
$N/A/sqft
$640 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 |
|---|---|---|
| 2025-01-08 | Listed for sale | $249,000 |
| 2022-12-22 | Listing removed | N/A |
| 2022-12-09 | Listed for rent | $1,950 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-11 | $4968.98 | 11.18% | $194,410 | 10.00% |
| 2023-02-11 | $4469.18 | 11.13% | $176,740 | 10.00% |
| 2022-02-11 | $4021.56 | 14.09% | $160,680 | 9.99% |
Listed by: Damon Penn PA • EXP Realty, LLC.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11719057
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.
