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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 16697 Hemingway Dr, Fort Lauderdale, FL, 33326 listed at $495,000 pairs $2,975/mo rent with a $2,423/mo payment. Total monthly income runs $2,975/mo. Return on cash invested measures 13.74% in year one, and rental yield registers 7.21% at a $495,000 basis. Equity gained on principal adds $3,194/yr, and annual property appreciation at 5% supports $136,759 by year five. Five-year ROI tracks 71.8% and total cumulative return in cash totals $117,826. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,975/mo property income relative to a $2,423/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1994
N/A lot
$N/A/sqft
$320 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 |
|---|---|---|
| 2024-10-30 | Listed for sale | $495,000 |
| 2021-01-02 | Listing removed | N/A |
| 2020-11-16 | Listed for sale | $279,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-14 | $6959.85 | 6.35% | $287,440 | 10.00% |
| 2023-02-14 | $6544.04 | 14.29% | $261,310 | 10.00% |
| 2022-02-14 | $5725.85 | 10.87% | $237,560 | 10.00% |
Listed by: Grace Xidis • Beachfront Realty Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11684498
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.
