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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 505 S Pine Island Rd APT 306B, Plantation, FL, 33324 listed at $195,000 pairs $1,545/mo rent with a $954/mo payment. Total monthly income runs $1,545/mo. Return on cash invested measures 16.37% in year one, and rental yield registers 9.51% at a $195,000 basis. Equity gained on principal adds $1,258/yr, and annual property appreciation at 5% supports $53,875 by year five. Five-year ROI tracks 87.47% and total cumulative return in cash totals $56,542. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,545/mo property income relative to a $954/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1972
N/A lot
$N/A/sqft
$442 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 |
|---|---|---|
| 2025-02-03 | Listed for sale | $195,000 |
| 2004-02-11 | Sold | $93,300 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-14 | $173.24 | 5.76% | $43,110 | 2.99% |
| 2023-02-14 | $163.81 | -11.97% | $41,860 | 2.98% |
| 2022-02-14 | $186.09 | 19.34% | $40,650 | 2.99% |
Listed by: Barbie Seculer • Keller Williams Dedicated Professionals
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11737046
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.
