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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 Tamarac at 5837 N Plum Bay Pkwy, Tamarac, FL, 33321 at $585,000 posts ROI 19.21% with from $3,871/mo rent. Total monthly income equals $3,871/mo. Return on cash invested measures 19.21% and rental yield reads 7.94% at the current $585,000. Equity gained on principal adds $3,775/yr, and 5% annual appreciation supports $161,625 by year five. Five-year ROI prints 99.94% and total cumulative return in cash totals $192,342. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,871/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1995
5,543 sqft lot
$N/A/sqft
$97 monthly HOA
Neighborhood data shown for ZIP Code: 33321, Fort Lauderdale, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,498 (100%) |
| Owner Occupied HU | 17,214 (70.3%) |
| Renter Occupied HU | 5,985 (24.4%) |
| Vacant Housing Units | 1,299 ( 5.3%) |
| Median Home Value | $328,775 |
| Average Home Value | $352,562 |
Residential
23,229
Single Family
14,300
Multi-Family
8,929
Businesses
763
Date | Event | Price |
|---|---|---|
| 2017-07-25 | Sold | $302,500 |
| 2017-06-09 | Pending sale | $315,000 |
| 2017-06-03 | Listed for sale | $315,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-06 | $5545.57 | 2.05% | $263,480 | 3.00% |
| 2023-05-06 | $5434.06 | 6.00% | $255,810 | 3.00% |
| 2022-05-06 | $5126.47 | 2.19% | $248,360 | 3.00% |
Listed by: David Mohabir • RE/MAX Interaction Realty
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10502168
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.
