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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% |
Rental property for sale in Fort Lauderdale at 2681 N Flamingo Rd APT 505S, Fort Lauderdale, FL, 33323 generates $2,399/mo in rent, after a $1,738/mo payment. Total monthly income is $2,399/mo. Return on cash invested sits at 3.2% in year one, and rental yield is 8.11% on a $355,000 entry. Equity gained on principal adds $2,291/yr, while 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 20.07% and total cumulative return in cash sums $23,616. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,399/mo property income rather than buyer’s personal income.
Condo
Built in 2009
N/A lot
$N/A/sqft
$1,400 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 |
|---|---|---|
| 2025-01-16 | Price change | $355,000 |
| 2025-01-06 | Listed for sale | $360,000 |
| 2024-11-22 | Listing removed | $368,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-14 | $6534.93 | 13.81% | $304,510 | 21.73% |
| 2023-02-14 | $5741.82 | 13.79% | $250,150 | 10.00% |
| 2022-02-14 | $5045.89 | 11.78% | $227,410 | 10.00% |
Listed by: Sami Salim • LoKation
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11718405
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.
