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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 3151 NW 122nd Ter, Fort Lauderdale, FL, 33323 uses $169,435 cash to close to unlock $6,300/yr annual cash flow and $525/mo monthly cash flow. Total monthly income runs $4,358/mo, and a $2,521/mo payment keeps the spread at $525/mo. Purchase price stands at $515,000, and rental yield measures 10.15% with $4,358/mo rent. Return on cash invested shows 23.78% in year one, and 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 125.25% and total cumulative return in cash records $212,209. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,358/mo property income covering a $2,521/mo payment rather than investor’s personal income.
Single Family
Built in 1988
5,500 sqft lot
$N/A/sqft
$88 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 |
|---|---|---|
| 2025-01-24 | Price change | $515,000 |
| 2024-12-16 | Price change | $535,000 |
| 2024-11-08 | Price change | $539,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-14 | $8506.20 | 6.06% | $385,700 | 10.07% |
| 2023-02-14 | $8020.47 | 13.38% | $350,420 | 10.00% |
| 2022-02-14 | $7074.03 | 13.66% | $318,570 | 10.00% |
Listed by: Larry Lunsford • A+ Realty Group
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11662975
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.
