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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 Plantation at 408 NW 68th Ave APT 514, Plantation, FL, 33317 uses $79,560 cash to close to unlock $3,732/yr annual cash flow and $311/mo monthly cash flow. Total monthly income runs $2,396/mo, and a $1,175/mo payment keeps the spread at $311/mo. Purchase price stands at $240,000, and rental yield measures 11.98% with $2,396/mo rent. Return on cash invested shows 24.6% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 131.25% and total cumulative return in cash records $104,426. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,396/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
$492 monthly HOA
Neighborhood data shown for ZIP Code: 33317, Fort Lauderdale, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,833 (100%) |
| Owner Occupied HU | 9,685 (70.0%) |
| Renter Occupied HU | 3,561 (25.7%) |
| Vacant Housing Units | 587 ( 4.2%) |
| Median Home Value | $510,767 |
| Average Home Value | $531,472 |
Residential
13,542
Single Family
10,842
Multi-Family
2,700
Businesses
1,119
Date | Event | Price |
|---|---|---|
| 2024-12-03 | Price change | $240,000 |
| 2024-10-03 | Price change | $249,900 |
| 2024-09-03 | Price change | $254,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $1866.59 | 6.27% | $130,340 | 2.99% |
| 2022-12-26 | $1756.48 | 4.70% | $126,550 | 3.00% |
| 2021-12-26 | $1677.56 | N/A | $122,870 | 261.60% |
Listed by: Michelle Lopez Wong • United Realty Group, Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11616915
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.
