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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 1485 Springside Dr, Fort Lauderdale, FL, 33326 listed at $465,000 pairs $3,480/mo rent with a $2,276/mo payment to leave $394/mo cash flow. Total monthly income runs $3,480/mo, and annual cash flow reaches $4,729/yr on $154,148 cash to close. Return on cash invested measures 22.98% in year one, and rental yield registers 8.98% at a $465,000 basis. Equity gained on principal adds $3,001/yr, and annual property appreciation at 5% supports $128,471 by year five. Five-year ROI tracks 119.9% and total cumulative return in cash totals $184,823. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,480/mo property income relative to a $2,276/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33326, Fort Lauderdale, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,930 (100%) |
| Owner Occupied HU | 8,483 (65.6%) |
| Renter Occupied HU | 3,701 (28.6%) |
| Vacant Housing Units | 746 ( 5.8%) |
| Median Home Value | $597,124 |
| Average Home Value | $641,680 |
Residential
12,156
Single Family
10,140
Multi-Family
2,016
Businesses
1,366
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: Miren Amaia Sahonero • EXP Realty LLC
Mls Name: MIAMI
Mls ID: #A11898554
