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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 2681 N Flamingo Rd APT 1805S, Fort Lauderdale, FL, 33323 listed at $395,000 pairs $3,973/mo rent with a $1,933/mo payment. Total monthly income runs $3,973/mo. Return on cash invested measures 17.91% in year one, and rental yield registers 12.07% at a $395,000 basis. Equity gained on principal adds $2,549/yr, and annual property appreciation at 5% supports $109,131 by year five. Five-year ROI tracks 97.92% and total cumulative return in cash totals $128,214. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,973/mo property income relative to a $1,933/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 |
|---|---|---|
| 2024-10-19 | Listed for sale | $395,000 |
| 2024-08-31 | Listing removed | $410,000 |
| 2024-08-19 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $6316.42 | 13.80% | $276,460 | 10.00% |
| 2022-12-26 | $5550.42 | 11.84% | $251,330 | 10.00% |
| 2021-12-26 | $4962.81 | 0.15% | $228,490 | -0.44% |
Listed by: Sagrario Mosquera • Canvas Real Estate
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11677504
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.
