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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 APT 505, Fort Lauderdale, FL, 33323 generates $3,236/mo in rent, after a $1,762/mo payment. Total monthly income is $3,236/mo. Return on cash invested sits at 17.93% in year one, and rental yield is 10.79% on a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 96.64% and total cumulative return in cash sums $115,329. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,236/mo property income rather than buyer’s personal income.
Condo
Built in 2020
N/A lot
$N/A/sqft
$807 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 |
|---|---|---|
| 2024-12-07 | Price change | $360,000 |
| 2024-09-18 | Price change | $364,000 |
| 2024-06-05 | Price change | $365,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-14 | $6043.35 | 3.96% | $280,580 | 5.59% |
| 2023-02-14 | $5813.08 | 4.26% | $265,730 | 2.56% |
| 2022-02-14 | $5575.38 | -4.25% | $259,100 | -4.10% |
Listed by: Leopoldo Ortega • Brokers, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A10862787
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.
