500 Woodgate CircleFort LauderdaleFL33326
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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
Rental property for sale in Fort Lauderdale at 500 Woodgate Circle, Fort Lauderdale, FL, 33326 priced at $420,000 converts $3,533/mo rent into $226/mo cash flow after a $2,056/mo obligation. Total monthly income equals $3,533/mo, and annual cash flow totals $2,706/yr on $139,230 invested. Return on cash invested prints 21.85% in year one, and rental yield reads 10.09% against a $420,000 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation compiles into $116,038 by year five. Five-year ROI reaches 115.49% and total cumulative return in cash sums $160,795. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,533/mo property income covering a $2,056/mo payment, not borrower’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
$520 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 33326, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
12,156
Single Family
10,140
Multi-Family
2,016
Businesses
1,366
Price History
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Facts & Features
General Information
- Type: Condo
- Year Built: 1988
- Architectural Style: N/A
- Building Area: 1,258
- Living Area: 1,050 sqft
- Property Condition: Resale
Features & Amenities
- Heating: Central
- Cooling: Central Air
- Flooring: Laminate, Tile
- Interior Features: Kitchen Island, Walk-In Closet(s)
- Exterior Features: N/A
- Parking Features: 2+ Spaces, Guest
Location
- City: Fort Lauderdale
- State: FL
- Subdivision: Woodgate #42 Condo
- Lot Size: N/A
- Lot Features: < 1/4 Acre
- View: Lake
HOA & Fees
- HOA Fee: $520 monthly
- Association Fee: $520 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: Cable TV, Common Areas, Maintenance Structure, Parking, Pest Control, Pool Service, Roof Maintenance, Sewer, Trash, Water
Utilities
- Utilities: None
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: Indian Trace Elementary School
- Middle School: Tequesta Trace Middle School
- High School: Western High School
Listed by: Patricia Perez • Keller Williams Realty Consult
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11043085
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.