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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 2241 SW 46th Ter, Fort Lauderdale, FL, 33317 generates $5,024/mo in rent and, after a $2,814/mo payment, leaves $1,082/mo in cash flow. Total monthly income is $5,024/mo, and annual cash flow is $12,984/yr on $189,175 invested. Return on cash invested sits at 26.92% in year one, and rental yield is 10.48% on a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 141.33% and total cumulative return in cash sums $267,359. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,024/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33317, Fort Lauderdale, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,833 (100%) |
| Owner Occupied HU | 9,685 (70.0%) |
| Renter Occupied HU | 3,561 (25.7%) |
| Vacant Housing Units | 587 ( 4.2%) |
| Median Home Value | $510,767 |
| Average Home Value | $531,472 |
Residential
13,542
Single Family
10,842
Multi-Family
2,700
Businesses
1,119
Date | Event | Price |
|---|---|---|
| 2019-01-14 | Sold | $305,000 |
| 2018-12-13 | Listed for sale | $305,000 |
| 1988-05-01 | Sold | $43,607 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-01 | $6635.75 | 1.92% | $300,180 | 3.00% |
| 2023-07-01 | $6510.58 | 4.49% | $291,440 | 3.00% |
| 2022-07-01 | $6230.79 | 23.56% | $282,960 | 3.00% |
Listed by: Gaspare Lucania • Growth Real Estate Corp
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10512546
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
