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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 North Lauderdale at 6231 SW 15th Court, North Lauderdale, FL, 33068 generates $2,732/mo in rent, after a $2,203/mo payment. Total monthly income is $2,732/mo. Return on cash invested sits at 17.86% in year one, and rental yield is 7.29% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 92.46% and total cumulative return in cash sums $137,934. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,732/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
7,002 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33068, Pompano Beach, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,276 (100%) |
| Owner Occupied HU | 10,191 (55.8%) |
| Renter Occupied HU | 7,006 (38.3%) |
| Vacant Housing Units | 1,079 ( 5.9%) |
| Median Home Value | $351,558 |
| Average Home Value | $407,427 |
Residential
18,138
Single Family
12,286
Multi-Family
5,852
Businesses
556
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Denis Grischenko • Atlantic Shores ERA Powered
Mls Name: BeachesMLS
Mls ID: #RX-11125349
