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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 Fort Lauderdale at 6657 hidden cove UNIT 1-7, Fort Lauderdale, FL, 33314 listed at $419,999 pairs $3,457/mo rent with a $2,056/mo payment to leave $431/mo cash flow. Total monthly income runs $3,457/mo, and annual cash flow reaches $5,174/yr on $139,230 cash to close. Return on cash invested measures 23.63% in year one, and rental yield registers 9.88% at a $419,999 basis. Equity gained on principal adds $2,710/yr, and annual property appreciation at 5% supports $116,038 by year five. Five-year ROI tracks 124.12% and total cumulative return in cash totals $172,819. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,457/mo property income relative to a $2,056/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33314, Fort Lauderdale, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,186 (100%) |
| Owner Occupied HU | 4,850 (36.8%) |
| Renter Occupied HU | 7,391 (56.1%) |
| Vacant Housing Units | 945 ( 7.2%) |
| Median Home Value | $469,161 |
| Average Home Value | $548,246 |
Residential
11,668
Single Family
6,983
Multi-Family
4,685
Businesses
1,569
Date | Event | Price |
|---|---|---|
| 2024-11-29 | Price change | $419,999 |
| 2024-11-13 | Price change | $435,000 |
| 2024-11-07 | Price change | $439,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-25 | $6598.65 | 13.77% | $308,180 | 10.00% |
| 2022-12-25 | $5799.84 | 9.21% | $280,170 | 10.00% |
| 2021-12-25 | $5310.65 | 1.53% | $254,700 | 4.60% |
Listed by: Jon Krawczonek • L B Slater & Company Inc
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10462238
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 2024 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.
