430 Commodore Dr APT 206Fort LauderdaleFL33325
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Fort Lauderdale at 430 Commodore Dr APT 206, Fort Lauderdale, FL, 33325 listed at $289,000 pairs $2,720/mo rent with a $1,415/mo payment to leave $213/mo cash flow. Total monthly income runs $2,720/mo, and annual cash flow reaches $2,551/yr on $95,804 cash to close. Return on cash invested measures 22.57% in year one, and rental yield registers 11.29% at a $289,000 basis. Equity gained on principal adds $1,865/yr, and annual property appreciation at 5% supports $79,845 by year five. Five-year ROI tracks 120.4% and total cumulative return in cash totals $115,346. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,720/mo property income relative to a $1,415/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1975
N/A lot
$N/A/sqft
$439 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 33325, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,896 (100%) |
| Owner Occupied HU | 8,406 (77.1%) |
| Renter Occupied HU | 2,195 (20.1%) |
| Vacant Housing Units | 295 ( 2.7%) |
| Median Home Value | $538,793 |
| Average Home Value | $543,740 |
Housing Distribution
Address Breakdown
Residential
10,784
Single Family
8,985
Multi-Family
1,799
Businesses
416
Price History
Date | Event | Price |
|---|---|---|
| 2025-01-26 | Listing removed | $2,300 |
| 2024-12-17 | Price change | $2,300 |
| 2024-11-19 | Price change | $2,400 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-14 | $4372.58 | 9.33% | $199,590 | 10.00% |
| 2023-02-14 | $3999.52 | 17.02% | $181,450 | 10.00% |
| 2022-02-14 | $3417.88 | 10.47% | $164,960 | 10.00% |
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: Condo
- Year Built: 1975
- Architectural Style: N/A
- Building Area: 1,130
- Living Area: 1,130 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Electric
- Cooling: Ceiling Fan(s), Electric
- Flooring: N/A
- Interior Features: Storage, Elevator
- Exterior Features: Other, Open Balcony, Tennis Court(s)
- Parking Features: 1 Space, Assigned, No Rv/Boats, No Trucks/Trailers
Location
- City: Fort Lauderdale
- State: FL
- Subdivision: Lago West Condominium,Lago West
- Lot Size: N/A
- Lot Features: N/A
- View: Water
HOA & Fees
- HOA Fee: $439 monthly
- Association Fee: $439 monthly
- Fees & Dues: N/A
- Association Amenities: Business Center, Clubhouse-Clubroom, Elevator(s), Fitness Center, Tennis Court(s)
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: Sawgrass
- Middle School: Bair
- High School: Plantation High
Listed by: Rosa Montesinos • MC International Realty, Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11690202
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.