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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 #2307, Fort Lauderdale, FL, 33323 generates $3,413/mo in rent, after a $2,863/mo payment. Total monthly income is $3,413/mo. Return on cash invested sits at 6.16% in year one, and rental yield is 7% on a $585,000 entry. Equity gained on principal adds $3,775/yr, while 5% annual appreciation builds toward $161,625 over five years. Five-year ROI reaches 33.65% and total cumulative return in cash sums $64,758. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,413/mo property income rather than buyer’s personal income.
Condo
Built in 2020
N/A lot
$N/A/sqft
$1,325 monthly 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 |
|---|---|---|
| 2025-02-07 | Listed for sale | $585,000 |
| 2024-07-30 | Listing removed | $3,150 |
| 2024-07-13 | Pending sale | $3,150 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-14 | $10433.72 | 4.04% | $494,300 | 5.58% |
| 2023-02-14 | $10028.50 | 0.26% | $468,160 | -1.33% |
| 2022-02-14 | $10002.18 | 26.68% | $474,460 | 32.09% |
Listed by: Ramona Bautista PA • The Keyes Company
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11738796
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.
