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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 Plantation at 2681 N Flamingo Rd APT 1205S, Plantation, FL, 33323 listed at $389,000 pairs $3,973/mo rent with a $1,904/mo payment to leave $54/mo cash flow. Total monthly income runs $3,973/mo, and annual cash flow reaches $654/yr on $128,954 cash to close. Return on cash invested measures 20.42% in year one, and rental yield registers 12.26% at a $389,000 basis. Equity gained on principal adds $2,510/yr, and annual property appreciation at 5% supports $107,474 by year five. Five-year ROI tracks 110.67% and total cumulative return in cash totals $142,710. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,973/mo property income relative to a $1,904/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2009
N/A lot
$N/A/sqft
$1,337 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 |
|---|---|---|
| 2024-08-19 | Price change | $389,000 |
| 2024-06-28 | Listed for sale | $395,000 |
| 2018-08-24 | Sold | $280,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $2187.88 | 7.07% | $133,700 | 3.00% |
| 2022-12-26 | $2043.48 | 3.24% | $129,810 | 3.00% |
| 2021-12-26 | $1979.41 | 3.00% | $126,030 | 1.40% |
Listed by: Lindsay Garcia • Redfin Corporation
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11612456
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.
