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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 761 E Coco Plum Cir APT 6, Fort Lauderdale, FL, 33324 with 5% annual appreciation on a $415,000 basis while $3,990/mo rent supports operations. Total monthly income totals $3,990/mo and a $2,031/mo payment preserves $379/mo for cash returns. Annual cash flow comes to $4,550/yr on $137,573 deployed, and return on cash invested reaches 23.22% in year one. Equity gained on principal adds $2,678/yr, and five-year appreciation sums $114,657 alongside rental yield of 11.54%. Five-year ROI measures 123.9% and total cumulative return in cash totals $170,457.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,990/mo property income versus a $2,031/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1974
N/A lot
$N/A/sqft
$635 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 |
|---|---|---|
| 2024-12-11 | Listing removed | $3,100 |
| 2024-12-08 | Price change | $3,200 |
| 2024-12-02 | Price change | $3,250 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-14 | $6357.65 | 323.14% | $310,030 | 177.61% |
| 2023-02-14 | $1502.49 | 6.76% | $111,680 | 3.00% |
| 2022-02-14 | $1407.41 | 5.38% | $108,430 | 2.99% |
Listed by: Hani Shuman • Sincerity Brokerage, LLC.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11693941
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.
