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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 North Lauderdale at 8240 SW 24th St APT 5214, North Lauderdale, FL, 33068 uses $43,095 cash to close to unlock $9,712/yr annual cash flow and $809/mo monthly cash flow. Total monthly income runs $2,485/mo, and a $636/mo payment keeps the spread at $809/mo. Purchase price stands at $130,000, and rental yield measures 22.94% with $2,485/mo rent. Return on cash invested shows 42.45% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 232.57% and total cumulative return in cash records $100,227. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,485/mo property income covering a $636/mo payment rather than investor’s personal income.
Condo
Built in 1976
N/A lot
$N/A/sqft
$657 monthly HOA
Neighborhood data shown for ZIP Code: 33068, Pompano Beach, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,276 (100%) |
| Owner Occupied HU | 10,191 (55.8%) |
| Renter Occupied HU | 7,006 (38.3%) |
| Vacant Housing Units | 1,079 ( 5.9%) |
| Median Home Value | $351,558 |
| Average Home Value | $407,427 |
Residential
18,138
Single Family
12,286
Multi-Family
5,852
Businesses
556
Date | Event | Price |
|---|---|---|
| 2024-09-01 | Price change | $130,000 |
| 2024-08-15 | Price change | $135,000 |
| 2024-05-26 | Price change | $140,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-03 | $3031.00 | 22.12% | $100,760 | 21.16% |
| 2022-09-03 | $2481.98 | 163.10% | $83,160 | 50.19% |
| 2021-09-03 | $943.37 | 20.92% | $55,370 | 1.39% |
Listed by: Luisa Wallo • Coldwell Banker Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11641990
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.
