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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 Plantation at 10948 NW 5th Ct, Plantation, FL, 33324 offers a 8.91% rental yield on a $1,120,000 purchase with $8,317/mo rent. Total monthly income registers $8,317/mo, and a $5,482/mo payment leaves $833/mo available for distribution. Annual cash flow reaches $9,992/yr on $362,880 to close, and return on cash invested stands at 23.12% in year one. Equity gained on principal adds $7,227/yr while 5% annual appreciation supports $309,435 over five years. Portfolio math shows five-year ROI at 120.64% and total cumulative return in cash at $437,783. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $8,317/mo property income against a $5,482/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
10,367 sqft lot
$N/A/sqft
$620 annually HOA
Neighborhood data shown for ZIP Code: 33324, Fort Lauderdale, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,031 (100%) |
| Owner Occupied HU | 11,966 (49.8%) |
| Renter Occupied HU | 10,499 (43.7%) |
| Vacant Housing Units | 1,566 ( 6.5%) |
| Median Home Value | $461,489 |
| Average Home Value | $552,528 |
Residential
23,679
Single Family
13,758
Multi-Family
9,921
Businesses
1,481
Date | Event | Price |
|---|---|---|
| 2025-08-01 | Sold | $1,120,000 |
| 2025-07-14 | Pending sale | $1,199,000 |
| 2025-06-19 | Listed for sale | $1,199,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-01 | $9285.62 | 2.06% | $495,100 | 3.00% |
| 2023-11-01 | $9097.80 | 4.64% | $480,680 | 3.00% |
| 2022-11-01 | $8694.21 | 2.95% | $466,680 | 3.00% |
Listed by: Scott Gooding • Waterbridge Real Estate LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10509313
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
