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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 6451 N University Dr APT 304, Tamarac, FL, 33321 listed at $279,000 pairs $2,306/mo rent with a $1,366/mo payment to leave $29/mo cash flow. Total monthly income runs $2,306/mo, and annual cash flow reaches $349/yr on $92,489 cash to close. Return on cash invested measures 20.29% in year one, and rental yield registers 9.92% at a $279,000 basis. Equity gained on principal adds $1,800/yr, and annual property appreciation at 5% supports $77,083 by year five. Five-year ROI tracks 107.5% and total cumulative return in cash totals $99,427. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,306/mo property income relative to a $1,366/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1979
N/A lot
$N/A/sqft
$425 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 |
|---|---|---|
| 2024-08-29 | Listed for sale | $279,000 |
| 2015-06-17 | Sold | $75,000 |
| 2014-01-15 | Listing removed | $89,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $1330.47 | 12.13% | $77,280 | 3.00% |
| 2022-12-26 | $1186.59 | 1.06% | $75,030 | 2.99% |
| 2021-12-26 | $1174.12 | 0.99% | $72,850 | 1.39% |
Listed by: Yara Hernandez • Canvas Real Estate
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11647006
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.
