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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% |
Rental property for sale in Fort Lauderdale at 721 N Pine Island Rd APT 201, Fort Lauderdale, FL, 33324 generates $1,828/mo in rent and, after a $1,248/mo payment, leaves $136/mo in cash flow. Total monthly income is $1,828/mo, and annual cash flow is $1,630/yr on $84,533 invested. Return on cash invested sits at 21.84% in year one, and rental yield is 8.6% on a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 113.77% and total cumulative return in cash sums $96,176. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,828/mo property income rather than buyer’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33324, Fort Lauderdale, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,031 (100%) |
| Owner Occupied HU | 11,966 (49.8%) |
| Renter Occupied HU | 10,499 (43.7%) |
| Vacant Housing Units | 1,566 ( 6.5%) |
| Median Home Value | $461,489 |
| Average Home Value | $552,528 |
Residential
23,679
Single Family
13,758
Multi-Family
9,921
Businesses
1,481
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Adam Prince • All Prime Realty Inc
Mls Name: MIAMI
Mls ID: #A11872122
