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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 Plantation at 8197 NW 8th Mnr UNIT 2, Plantation, FL, 33324 uses $84,533 cash to close to unlock $13,846/yr annual cash flow and $1,154/mo monthly cash flow. Total monthly income runs $3,755/mo, and a $1,248/mo payment keeps the spread at $1,154/mo. Purchase price stands at $255,000, and rental yield measures 17.67% with $3,755/mo rent. Return on cash invested shows 36.29% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 195.92% and total cumulative return in cash records $165,620. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,755/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Townhouse
Built in 1979
N/A lot
$N/A/sqft
$799 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 |
|---|---|---|
| 2024-09-12 | Listed for sale | $255,000 |
| 2022-11-28 | Sold | $255,000 |
| 2022-10-05 | Contingent | $255,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-25 | $3591.46 | 427.60% | $171,920 | 153.05% |
| 2022-12-25 | $680.71 | 3.92% | $67,940 | 2.99% |
| 2021-12-25 | $655.04 | 0.96% | $65,970 | 1.40% |
Listed by: Einat Steinberg • RE/MAX Direct
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10460832
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.
