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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 2715 N Ocean Blvd APT 2B, Fort Lauderdale, FL, 33308 generates $3,119/mo in rent, after a $2,300/mo payment. Total monthly income is $3,119/mo. Return on cash invested sits at 8.41% in year one, and rental yield is 7.96% on a $469,999 entry. Equity gained on principal adds $3,033/yr, while 5% annual appreciation builds toward $129,852 over five years. Five-year ROI reaches 45.96% and total cumulative return in cash sums $71,601. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,119/mo property income rather than buyer’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
$1,296 monthly HOA
Neighborhood data shown for ZIP Code: 33308, Fort Lauderdale, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,285 (100%) |
| Owner Occupied HU | 11,743 (48.4%) |
| Renter Occupied HU | 5,314 (21.9%) |
| Vacant Housing Units | 7,228 (29.8%) |
| Median Home Value | $710,489 |
| Average Home Value | $814,851 |
Residential
21,128
Single Family
6,376
Multi-Family
14,752
Businesses
1,456
Date | Event | Price |
|---|---|---|
| 2024-12-02 | Price change | $4,000 |
| 2024-11-22 | Price change | $469,999 |
| 2024-11-22 | Price change | $4,300 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $6551.95 | 3.89% | $373,390 | 3.00% |
| 2022-12-26 | $6306.74 | 32.63% | $362,520 | 30.37% |
| 2021-12-26 | $4755.09 | 1.97% | $278,080 | 1.40% |
Listed by: Ryan Lezzer • Compass Florida, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11634847
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.
