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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 6554 NW 98th Terrace #D23, Tamarac, FL, 33321 offers a 11.44% rental yield on a $275,000 purchase with $2,621/mo rent. Total monthly income registers $2,621/mo, and a $1,346/mo payment leaves $85/mo available for distribution. Annual cash flow reaches $1,014/yr on $91,163 to close, and return on cash invested stands at 21.02% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 112.82% and total cumulative return in cash at $102,851. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,621/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
N/A lot
$N/A/sqft
$530 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 |
|---|---|---|
| 2025-01-07 | Listed for sale | $275,000 |
| 2014-06-04 | Listing removed | $1,350 |
| 2014-03-12 | Listed for rent | $1,350 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-14 | $4624.23 | 8.33% | $156,590 | 10.00% |
| 2023-02-14 | $4268.54 | 14.18% | $142,360 | 10.00% |
| 2022-02-14 | $3738.38 | 7.88% | $129,420 | 9.99% |
Listed by: Yehuda Miara • LoKation
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11049580
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.
