Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 721 N Pine Island Rd APT 213, Fort Lauderdale, FL, 33324 listed at $270,000 pairs $2,538/mo rent with a $1,322/mo payment to leave $23/mo cash flow. Total monthly income runs $2,538/mo, and annual cash flow reaches $277/yr on $89,505 cash to close. Return on cash invested measures 20.22% in year one, and rental yield registers 11.28% at a $270,000 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,596 by year five. Five-year ROI tracks 108.65% and total cumulative return in cash totals $97,249. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,538/mo property income relative to a $1,322/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1985
N/A lot
$N/A/sqft
$564 monthly 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 |
|---|---|---|
| 2025-02-06 | Price change | $270,000 |
| 2025-02-05 | Listed for rent | $2,050 |
| 2025-01-31 | Listing removed | $2,050 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-14 | $4306.65 | 6.55% | $209,340 | 7.86% |
| 2023-02-14 | $4041.74 | 8.73% | $194,080 | 7.53% |
| 2022-02-14 | $3717.06 | 19.20% | $180,490 | 19.38% |
Listed by: Stella Chavez • Fortune Christie's International Real Estate
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11693394
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.
