2641 N Flamingo Rd APT 603N, Fort Lauderdale, FL, 33323 | $925/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2641 N Flamingo Rd APT 603N, Fort Lauderdale, FL, 33323 | $925/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Fort Lauderdale at 2641 N Flamingo Rd APT 603N, Fort Lauderdale, FL, 33323 earns $925/mo cash flow from $3,413/mo rent with a $1,835/mo payment. Total monthly income totals $3,413/mo, and annual cash flow totals $11,098/yr on $124,313 capital. ROI tracks 28.84% on current figures, and rental yield reads 10.92% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 151.29% and total cumulative return in cash sums $188,067. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,413/mo property income instead of your personal income.

Condo

Built in 2009

N/A lot

$N/A/sqft

No HOA

More details about the property

Stunningly remodeled 2BD/2BA high-rise condo with breathtaking views of the city, Everglades, and lake sunsets. The custom kitchen features high-quality materials and stainless steel appliances, complemented by a brand-new A/C unit, washer, and dryer. The elegant master bath includes a separate tub, a rain shower, and premium finishes. Custom closets with sleek acrylic and glass doors add a modern touch, and the entire unit is equipped with electric curtains. Enjoy private balconies, two assigned parking spaces, and a storage unit. Resort-style amenities include a 24-hour attended lobby, fully equipped gym, swimming pool with cabanas, BBQ/picnic area, tennis courts, party and conference rooms, sauna, and more. Located directly across from Sawgrass Mills Mall. Hablo Espaol

Neighborhood Data

Neighborhood data shown for ZIP Code: 33323, Fort Lauderdale, FL area.

Housing Distribution

Housing Statistics

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