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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 Weston at 1120 Alexander Bend, Weston, FL, 33327 offers $4,740/mo rent that, after a $3,177/mo payment, leaves $263/mo cash flow. Total monthly income is $4,740/mo, and annual cash flow is $3,152/yr on $213,521 cash. Return on cash invested measures 21.54% in year one, and rental yield stands at 8.76% at a $649,000 entry. Equity gained on principal adds $4,188/yr while 5% annual appreciation compounds into $179,307 by year five. Five-year ROI records 112.47% and total cumulative return in cash reaches $240,156. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,740/mo property income versus a $3,177/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
4,227 sqft lot
$N/A/sqft
$510 quarterly HOA
Neighborhood data shown for ZIP Code: 33327, Fort Lauderdale, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,557 (100%) |
| Owner Occupied HU | 5,310 (81.0%) |
| Renter Occupied HU | 1,096 (16.7%) |
| Vacant Housing Units | 151 ( 2.3%) |
| Median Home Value | $722,506 |
| Average Home Value | $809,775 |
Residential
6,718
Single Family
6,718
Multi-Family
0
Businesses
166
Date | Event | Price |
|---|---|---|
| 2024-12-14 | Listed for sale | $649,000 |
| 1999-09-01 | Sold | $140,100 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-24 | $4662.59 | 7.26% | $199,500 | 3.00% |
| 2022-12-24 | $4347.18 | 3.18% | $193,690 | 3.00% |
| 2021-12-24 | $4213.31 | 3.63% | $188,050 | 1.40% |
Listed by: Phyllis Scarberry • Berkshire Hathaway Florida Realty
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10473669
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 2024 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.
