No HOA. Excellent investment property. Rented for $2,540/month to a Section 8 tenant (as of Jan 2025: $2,419 government + $121 tenant). Potential rent increase to $4,564/month (renewal date: Jul 31, 2025).
Exclusive Incentive for primary and investors: save 2 points on your rate with my lender (e.g., 6.5% drops to 4.5%). Primary residents enjoy free appraisal and fully covered mortgage insurance- no 1st-time buyer requirement!
Current management company available for seamless transition. Please do not disturb tenant or knock on the door!
Type:
Single-family residential
Subdivision:
COLLIER CITY
Garage:
Attached Carport, Covered, Driveway
Cooling:
Wall/Window Unit(s)
Lot Description:
< 1/4 Acre
Pet Policy:
No Pet Restrictions, Yes
Appliances:
Dryer, Electric Range, Refrigerator, Washer
2114 NW 5th St, Pompano Beach, FL, 33069
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
