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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% |
Rental property for sale in Fort Lauderdale at 5686 Rock Island Rd APT 127, Fort Lauderdale, FL, 33319 generates $1,588/mo in rent, after a $881/mo payment. Total monthly income is $1,588/mo. Return on cash invested sits at 17.51% in year one, and rental yield is 10.59% on a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 94.33% and total cumulative return in cash sums $56,253. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,588/mo property income rather than buyer’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
$363 monthly HOA
Neighborhood data shown for ZIP Code: 33319, Fort Lauderdale, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,450 (100%) |
| Owner Occupied HU | 14,360 (56.4%) |
| Renter Occupied HU | 7,438 (29.2%) |
| Vacant Housing Units | 3,652 (14.3%) |
| Median Home Value | $302,525 |
| Average Home Value | $390,507 |
Residential
23,347
Single Family
10,786
Multi-Family
12,561
Businesses
988
Date | Event | Price |
|---|---|---|
| 2025-02-10 | Listed for sale | $179,900 |
| 2025-01-24 | Listing removed | $1,945 |
| 2025-01-16 | Listed for rent | $1,945 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-14 | $3399.16 | 5.87% | $130,100 | 9.99% |
| 2023-02-14 | $3210.73 | 12.08% | $118,280 | 10.00% |
| 2022-02-14 | $2864.61 | 10.98% | $107,530 | 9.99% |
Listed by: Stephanie Scutti • JSJ Property Management LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11738527
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.
