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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 1846 Andromeda Ln, Fort Lauderdale, FL, 33327 offers a 9.5% rental yield on a $560,000 purchase with $4,432/mo rent. Total monthly income registers $4,432/mo, and a $2,741/mo payment leaves $68/mo available for distribution. Annual cash flow reaches $818/yr on $184,240 to close, and return on cash invested stands at 20.5% in year one. Equity gained on principal adds $3,614/yr while 5% annual appreciation supports $154,718 over five years. Portfolio math shows five-year ROI at 108.14% and total cumulative return in cash at $199,241. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,432/mo property income against a $2,741/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
N/A lot
$N/A/sqft
$639 quarterly HOA
Neighborhood data shown for ZIP Code: 33327, Fort Lauderdale, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,557 (100%) |
| Owner Occupied HU | 5,310 (81.0%) |
| Renter Occupied HU | 1,096 (16.7%) |
| Vacant Housing Units | 151 ( 2.3%) |
| Median Home Value | $722,506 |
| Average Home Value | $809,775 |
Residential
6,718
Single Family
6,718
Multi-Family
0
Businesses
166
Date | Event | Price |
|---|---|---|
| 2025-10-03 | Sold | $560,000 |
| 2025-10-01 | Pending sale | $575,000 |
| 2025-08-08 | Listed for sale | $575,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-12 | $10196.78 | 7.19% | $454,450 | 10.00% |
| 2023-10-12 | $9512.78 | 10.74% | $413,140 | 10.00% |
| 2022-10-12 | $8590.40 | 10.99% | $375,590 | 10.00% |
Listed by: Maria Davila PA • One Sotheby's Int'l Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11855177
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.
