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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 Lauderhill at 3280 Spanish Moss Ter APT 304, Lauderhill, FL, 33319 generates $2,320/mo in rent and, after a $857/mo payment, leaves $374/mo in cash flow. Total monthly income is $2,320/mo, and annual cash flow is $4,491/yr on $58,013 invested. Return on cash invested sits at 27.65% in year one, and rental yield is 15.91% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 150.87% and total cumulative return in cash sums $87,523. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,320/mo property income rather than buyer’s personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
$784 monthly HOA
Neighborhood data shown for ZIP Code: 33319, Fort Lauderdale, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,450 (100%) |
| Owner Occupied HU | 14,360 (56.4%) |
| Renter Occupied HU | 7,438 (29.2%) |
| Vacant Housing Units | 3,652 (14.3%) |
| Median Home Value | $302,525 |
| Average Home Value | $390,507 |
Residential
23,347
Single Family
10,786
Multi-Family
12,561
Businesses
988
Date | Event | Price |
|---|---|---|
| 2024-12-14 | Listed for sale | $175,000 |
| 2011-02-10 | Sold | $28,000 |
| 2010-12-30 | Price change | $27,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $744.41 | 8.12% | $31,750 | 2.98% |
| 2022-12-26 | $688.48 | -0.92% | $30,830 | 2.97% |
| 2021-12-26 | $694.88 | 7.81% | $29,940 | 1.39% |
Listed by: Marie Yolene Pierre PA • Keller Williams Dedicated Professionals
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11707596
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.
