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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 2007N, Fort Lauderdale, FL, 33323 listed at $305,000 pairs $2,624/mo rent with a $1,493/mo payment. Total monthly income runs $2,624/mo. Return on cash invested measures 12.55% in year one, and rental yield registers 10.32% at a $305,000 basis. Equity gained on principal adds $1,968/yr, and annual property appreciation at 5% supports $84,266 by year five. Five-year ROI tracks 69.2% and total cumulative return in cash totals $69,970. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,624/mo property income relative to a $1,493/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2009
N/A lot
$N/A/sqft
$989 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 |
|---|---|---|
| 2024-11-19 | Price change | $305,000 |
| 2024-10-01 | Price change | $315,000 |
| 2024-07-26 | Listed for rent | $2,400 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-14 | $5487.60 | 6.58% | $245,300 | 10.00% |
| 2023-02-14 | $5148.87 | 13.78% | $223,000 | 10.00% |
| 2022-02-14 | $4525.27 | 11.70% | $202,730 | 10.00% |
Listed by: Gloria Vega • First Service Realty ERA
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11630096
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.
