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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 16051 Blatt Blvd APT 401, Fort Lauderdale, FL, 33326 listed at $399,900 pairs $3,800/mo rent with a $1,957/mo payment to leave $19/mo cash flow. Total monthly income runs $3,800/mo, and annual cash flow reaches $223/yr on $132,567 cash to close. Return on cash invested measures 20.08% in year one, and rental yield registers 11.4% at a $399,900 basis. Equity gained on principal adds $2,580/yr, and annual property appreciation at 5% supports $110,485 by year five. Five-year ROI tracks 108.04% and total cumulative return in cash totals $143,228. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,800/mo property income relative to a $1,957/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1981
N/A lot
$N/A/sqft
$845 monthly 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 |
|---|---|---|
| 2025-01-03 | Price change | $399,900 |
| 2024-08-23 | Listed for sale | $420,000 |
| 2018-11-14 | Sold | $228,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-14 | $6954.02 | 12.05% | $313,850 | 10.00% |
| 2023-02-14 | $6206.44 | 12.20% | $285,320 | 10.00% |
| 2022-02-14 | $5531.68 | 9.26% | $259,390 | 10.00% |
Listed by: Luz Olarte • Beachfront Realty Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11646521
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
