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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 3233 NE 32nd Avenue #303, Fort Lauderdale, FL, 33308 uses $157,463 cash to close to unlock $13,305/yr annual cash flow and $1,109/mo monthly cash flow. Total monthly income runs $4,261/mo, and a $2,325/mo payment keeps the spread at $1,109/mo. Purchase price stands at $475,000, and rental yield measures 10.76% with $4,261/mo rent. Return on cash invested shows 28.36% in year one, and 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 148.73% and total cumulative return in cash records $234,199. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,261/mo property income covering a $2,325/mo payment rather than investor’s personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Le Thu Nguyen • Continental Properties, Inc.
Mls Name: BeachesMLS
Mls ID: #RX-11106215
