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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 2832 NW 55th Ave APT 1B, Fort Lauderdale, FL, 33313 listed at $185,000 pairs $1,588/mo rent with a $905/mo payment. Total monthly income runs $1,588/mo. Return on cash invested measures 15.83% in year one, and rental yield registers 10.3% at a $185,000 basis. Equity gained on principal adds $1,194/yr, and annual property appreciation at 5% supports $51,112 by year five. Five-year ROI tracks 85.63% and total cumulative return in cash totals $52,515. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,588/mo property income relative to a $905/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1973
N/A lot
$N/A/sqft
$435 monthly HOA
Neighborhood data shown for ZIP Code: 33313, Fort Lauderdale, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,584 (100%) |
| Owner Occupied HU | 10,165 (41.3%) |
| Renter Occupied HU | 12,317 (50.1%) |
| Vacant Housing Units | 2,102 ( 8.6%) |
| Median Home Value | $275,847 |
| Average Home Value | $312,425 |
Residential
24,113
Single Family
12,330
Multi-Family
11,783
Businesses
1,258
Date | Event | Price |
|---|---|---|
| 2024-10-24 | Listed for sale | $185,000 |
| 2020-04-26 | Listing removed | $1,350 |
| 2020-03-27 | Listed for rent | $1,350 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-14 | $3259.71 | 11.83% | $96,230 | 9.99% |
| 2023-02-14 | $2914.89 | 11.56% | $87,490 | 9.99% |
| 2022-02-14 | $2612.77 | 7.70% | $79,540 | 10.00% |
Listed by: Abdulla Richards • AR1 State of the Art Real Estate, Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11680850
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.
