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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 404 NW 97th Ave UNIT 404, Fort Lauderdale, FL, 33324 listed at $549,900 pairs $3,120/mo rent with a $2,691/mo payment. Total monthly income runs $3,120/mo. Return on cash invested measures 12.94% in year one, and rental yield registers 6.81% at a $549,900 basis. Equity gained on principal adds $3,548/yr, and annual property appreciation at 5% supports $151,927 by year five. Five-year ROI tracks 67.37% and total cumulative return in cash totals $121,886. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,120/mo property income relative to a $2,691/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1988
N/A lot
$N/A/sqft
$544 monthly HOA
Neighborhood data shown for ZIP Code: 33324, Fort Lauderdale, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,031 (100%) |
| Owner Occupied HU | 11,966 (49.8%) |
| Renter Occupied HU | 10,499 (43.7%) |
| Vacant Housing Units | 1,566 ( 6.5%) |
| Median Home Value | $461,489 |
| Average Home Value | $552,528 |
Residential
23,679
Single Family
13,758
Multi-Family
9,921
Businesses
1,481
Date | Event | Price |
|---|---|---|
| 2025-01-24 | Listed for sale | $549,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Dianna Hopkins • Compass Florida LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10482765
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
