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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 3070 NW 48th Ter APT 310, Fort Lauderdale, FL, 33313 earns $761/mo cash flow from $1,891/mo rent with a $489/mo payment. Total monthly income totals $1,891/mo, and annual cash flow totals $9,135/yr on $33,150 capital. ROI tracks 47.47% on current figures, and rental yield reads 22.69% at a $100,000 purchase. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 over five years. Five-year ROI reaches 257.46% and total cumulative return in cash sums $85,348. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,891/mo property income instead of your personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
$400 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 |
|---|---|---|
| 2024-10-10 | Price change | $100,000 |
| 2024-09-17 | Listed for sale | $119,900 |
| 2024-07-26 | Pending sale | $119,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $1688.59 | 15.29% | $49,850 | 10.00% |
| 2022-12-26 | $1464.69 | 8.05% | $45,320 | 10.00% |
| 2021-12-26 | $1355.53 | 7.73% | $41,200 | 9.98% |
Listed by: Latoya London • Elite Realty Partners, Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11621427
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.
