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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 Southwest Ranches at 16630 SW 62nd St, Southwest Ranches, FL, 33331 earns from $4,560/mo rent with a $6,828/mo payment. Total monthly income totals $4,560/mo. ROI tracks 7.9% on current figures, and rental yield reads 3.92% at a $1,395,000 purchase. Equity gained on principal adds $9,002/yr, and 5% annual appreciation supports $385,413 over five years. Five-year ROI reaches 38.94% and total cumulative return in cash sums $176,002. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,560/mo property income instead of your personal income.
Single Family
Built in 1987
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33331, Fort Lauderdale, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,787 (100%) |
| Owner Occupied HU | 6,485 (83.3%) |
| Renter Occupied HU | 1,144 (14.7%) |
| Vacant Housing Units | 158 ( 2.0%) |
| Median Home Value | $691,542 |
| Average Home Value | $796,222 |
Residential
7,797
Single Family
6,970
Multi-Family
827
Businesses
413
Date | Event | Price |
|---|---|---|
| 2024-07-31 | Listed for sale | $1,395,000 |
| 2017-05-21 | Listing removed | $749,900 |
| 2017-02-12 | Listed for sale | $749,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-03 | $11716.96 | 5.44% | $621,780 | 3.00% |
| 2022-09-03 | $11112.49 | 3.13% | $603,670 | 3.00% |
| 2021-09-03 | $10775.46 | 1.49% | $586,090 | 1.40% |
Listed by: Ivan Niles • United Realty Group Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11633250
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.
