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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 371 Fairway Cir #56, Fort Lauderdale, FL, 33326 offers a 9.17% rental yield on a $445,000 purchase with $3,401/mo rent. Total monthly income registers $3,401/mo, and a $2,178/mo payment leaves $448/mo available for distribution. Annual cash flow reaches $5,376/yr on $147,518 to close, and return on cash invested stands at 23.55% in year one. Equity gained on principal adds $2,872/yr while 5% annual appreciation supports $122,945 over five years. Portfolio math shows five-year ROI at 122.96% and total cumulative return in cash at $181,388. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,401/mo property income against a $2,178/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33326, Fort Lauderdale, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,930 (100%) |
| Owner Occupied HU | 8,483 (65.6%) |
| Renter Occupied HU | 3,701 (28.6%) |
| Vacant Housing Units | 746 ( 5.8%) |
| Median Home Value | $597,124 |
| Average Home Value | $641,680 |
Residential
12,156
Single Family
10,140
Multi-Family
2,016
Businesses
1,366
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: Ricardo Quintero • Compra Venta Miami
Mls Name: MIAMI
Mls ID: #A11925708
