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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 977 Riverside Dr APT 211, Pompano Beach, FL, 33071 generates $2,068/mo in rent and, after a $1,077/mo payment, leaves $608/mo in cash flow. Total monthly income is $2,068/mo, and annual cash flow is $7,294/yr on $72,930 invested. Return on cash invested sits at 29.91% in year one, and rental yield is 11.28% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 157.05% and total cumulative return in cash sums $114,539. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,068/mo property income rather than buyer’s personal income.
Condo
Built in 1987
N/A 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Myriam Rey • Charles Rutenberg Realty FTL
Mls Name: MIAMI
Mls ID: #A11917846
