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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 Fort Lauderdale at 1137 NW 16th Ct, Fort Lauderdale, FL, 33311 earns from $2,625/mo rent with a $2,203/mo payment. Total monthly income totals $2,625/mo. ROI tracks 17% on current figures, and rental yield reads 7% at a $450,000 purchase. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 over five years. Five-year ROI reaches 87.84% and total cumulative return in cash sums $131,034. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,625/mo property income instead of your personal income.
Single Family
Built in 1953
8,925 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33311, Fort Lauderdale, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,271 (100%) |
| Owner Occupied HU | 10,998 (40.3%) |
| Renter Occupied HU | 14,421 (52.9%) |
| Vacant Housing Units | 1,852 ( 6.8%) |
| Median Home Value | $362,464 |
| Average Home Value | $412,448 |
Residential
25,408
Single Family
19,202
Multi-Family
6,206
Businesses
2,571
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: Shannon Yiznitsky • Element Real Estate Group
Mls Name: BeachesMLS
Mls ID: #F10525849
