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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 23 Simonton Cir, Fort Lauderdale, FL, 33326 priced at $399,000 converts $3,480/mo rent into $832/mo cash flow after a $1,953/mo obligation. Total monthly income equals $3,480/mo, and annual cash flow totals $9,985/yr on $132,269 invested. Return on cash invested prints 27.46% in year one, and rental yield reads 10.47% against a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation compiles into $110,236 by year five. Five-year ROI reaches 143.94% and total cumulative return in cash sums $190,382. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,480/mo property income covering a $1,953/mo payment, not borrower’s personal income.
Townhouse
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33326, Fort Lauderdale, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,930 (100%) |
| Owner Occupied HU | 8,483 (65.6%) |
| Renter Occupied HU | 3,701 (28.6%) |
| Vacant Housing Units | 746 ( 5.8%) |
| Median Home Value | $597,124 |
| Average Home Value | $641,680 |
Residential
12,156
Single Family
10,140
Multi-Family
2,016
Businesses
1,366
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: Emily Diaz • Serhant
Mls Name: MIAMI
Mls ID: #A11865117
