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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 6921 Cypress Rd UNIT #A22, Fort Lauderdale, FL, 33317 uses $49,394 cash to close to unlock $4,698/yr annual cash flow and $391/mo monthly cash flow. Total monthly income runs $2,147/mo, and a $729/mo payment keeps the spread at $391/mo. Purchase price stands at $149,000, and rental yield measures 17.29% with $2,147/mo rent. Return on cash invested shows 29.42% in year one, and 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 161.23% and total cumulative return in cash records $79,636. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,147/mo property income covering a $729/mo payment rather than investor’s personal income.
Condo
Built in 1969
N/A lot
$N/A/sqft
$767 monthly HOA
Neighborhood data shown for ZIP Code: 33317, Fort Lauderdale, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,833 (100%) |
| Owner Occupied HU | 9,685 (70.0%) |
| Renter Occupied HU | 3,561 (25.7%) |
| Vacant Housing Units | 587 ( 4.2%) |
| Median Home Value | $510,767 |
| Average Home Value | $531,472 |
Residential
13,542
Single Family
10,842
Multi-Family
2,700
Businesses
1,119
Date | Event | Price |
|---|---|---|
| 2024-10-07 | Price change | $149,000 |
| 2024-06-13 | Listed for sale | $159,000 |
| 2015-08-10 | Sold | $47,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $731.66 | 4.71% | $74,350 | 2.99% |
| 2022-12-26 | $698.78 | 3.61% | $72,190 | 3.00% |
| 2021-12-26 | $674.45 | 0.95% | $70,090 | 1.39% |
Listed by: Alim Rahman • JB Realty Homes & Loans
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10444540
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.
