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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 6301 N University Dr APT 302, Tamarac, FL, 33321 uses $85,196 cash to close to unlock $1,325/yr annual cash flow and $110/mo monthly cash flow. Total monthly income runs $2,236/mo, and a $1,258/mo payment keeps the spread at $110/mo. Purchase price stands at $257,000, and rental yield measures 10.44% with $2,236/mo rent. Return on cash invested shows 21.46% in year one, and 5% annual appreciation builds toward $71,004 over five years. Five-year ROI reaches 113.94% and total cumulative return in cash records $97,068. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,236/mo property income covering a $1,258/mo payment rather than investor’s personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
$420 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 |
|---|---|---|
| 2025-01-08 | Listed for sale | $257,000 |
| 1998-07-07 | Sold | $52,000 |
| 1997-02-21 | Sold | $25,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-14 | $741.51 | -9.80% | $37,350 | 2.98% |
| 2023-02-14 | $822.06 | 14.13% | $36,270 | 2.98% |
| 2022-02-14 | $720.30 | 4.57% | $35,220 | 2.98% |
Listed by: Darnell Aponte • Real Broker LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11716397
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.
