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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% |
Investment property for sale in Fort Lauderdale at 2641 N Flamingo Rd APT 1603N, Fort Lauderdale, FL, 33323 listed at $340,000 pairs $2,377/mo rent with a $1,664/mo payment to leave $121/mo cash flow. Total monthly income runs $2,377/mo, and annual cash flow reaches $1,450/yr on $112,710 cash to close. Return on cash invested measures 21.2% in year one, and rental yield registers 8.39% at a $340,000 basis. Equity gained on principal adds $2,194/yr, and annual property appreciation at 5% supports $93,936 by year five. Five-year ROI tracks 110.32% and total cumulative return in cash totals $124,338. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,377/mo property income relative to a $1,664/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2009
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: Jacqueline Vengoechea • Keller Williams Realty International Lifestyles
Mls Name: MIAMI
Mls ID: #A11826429
