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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 8113 NW 70th Ave, Fort Lauderdale, FL, 33321 offers a 9.68% rental yield on a $529,900 purchase with $4,274/mo rent. Total monthly income registers $4,274/mo, and a $2,594/mo payment leaves $198/mo available for distribution. Annual cash flow reaches $2,374/yr on $174,337 to close, and return on cash invested stands at 21.42% in year one. Equity gained on principal adds $3,419/yr while 5% annual appreciation supports $146,402 over five years. Portfolio math shows five-year ROI at 112.91% and total cumulative return in cash at $196,847. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,274/mo property income against a $2,594/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
7,934 sqft lot
$N/A/sqft
$149 monthly HOA
Neighborhood data shown for ZIP Code: 33321, Fort Lauderdale, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,498 (100%) |
| Owner Occupied HU | 17,214 (70.3%) |
| Renter Occupied HU | 5,985 (24.4%) |
| Vacant Housing Units | 1,299 ( 5.3%) |
| Median Home Value | $328,775 |
| Average Home Value | $352,562 |
Residential
23,229
Single Family
14,300
Multi-Family
8,929
Businesses
763
Date | Event | Price |
|---|---|---|
| 2024-11-19 | Price change | $529,900 |
| 2024-10-21 | Listed for sale | $549,900 |
| 2023-05-02 | Sold | $360,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-25 | $9636.63 | 16.68% | $409,690 | 20.13% |
| 2022-12-25 | $8259.26 | 11.68% | $341,030 | 10.00% |
| 2021-12-25 | $7395.50 | 6.94% | $310,030 | 7.85% |
Listed by: Eduardo Mualim • IRG Corporation
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11680158
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.
