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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% |
Rental property for sale in Fort Lauderdale at 2000 Metropica Way #1605, Fort Lauderdale, FL, 33323 generates $2,624/mo in rent and, after a $1,595/mo payment, leaves $461/mo in cash flow. Total monthly income is $2,624/mo, and annual cash flow is $5,537/yr on $108,036 invested. Return on cash invested sits at 25.03% in year one, and rental yield is 9.66% on a $325,900 entry. Equity gained on principal adds $2,103/yr, while 5% annual appreciation builds toward $90,040 over five years. Five-year ROI reaches 130.93% and total cumulative return in cash sums $141,451. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,624/mo property income rather than buyer’s personal income.
Condo
Built in 2020
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33323, Fort Lauderdale, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,605 (100%) |
| Owner Occupied HU | 6,072 (63.2%) |
| Renter Occupied HU | 2,716 (28.3%) |
| Vacant Housing Units | 817 ( 8.5%) |
| Median Home Value | $535,546 |
| Average Home Value | $594,867 |
Residential
8,733
Single Family
6,145
Multi-Family
2,588
Businesses
788
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: Lisbeth Arellano • Related ISG Realty, LLC.
Mls Name: MIAMI
Mls ID: #A11827682
