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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 1514 Springside Dr, Fort Lauderdale, FL, 33326 uses $135,749 cash to close to unlock $7,377/yr annual cash flow and $615/mo monthly cash flow. Total monthly income runs $3,332/mo, and a $2,004/mo payment keeps the spread at $615/mo. Purchase price stands at $409,500, and rental yield measures 9.76% with $3,332/mo rent. Return on cash invested shows 25.34% in year one, and 5% annual appreciation builds toward $113,137 over five years. Five-year ROI reaches 132.57% and total cumulative return in cash records $179,962. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,332/mo property income covering a $2,004/mo payment rather than investor’s personal income.
Single Family
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: Victoria Blyke • ALM Realty & Services
Mls Name: MIAMI
Mls ID: #A11860304
