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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% |
Rental property for sale in Tamarac at 8241 Cassia Ter, Tamarac, FL, 33321 priced at $599,999 converts $6,439/mo rent into $2,457/mo cash flow after a $2,937/mo obligation. Total monthly income equals $6,439/mo, and annual cash flow totals $29,484/yr on $197,400 invested. Return on cash invested prints 35% in year one, and rental yield reads 12.88% against a $599,999 entry. Equity gained on principal adds $3,872/yr, while 5% annual appreciation compiles into $165,769 by year five. Five-year ROI reaches 184.3% and total cumulative return in cash sums $363,803. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,439/mo property income covering a $2,937/mo payment, not borrower’s personal income.
Single Family
Built in 1977
7,573 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-08-24 | Listed for sale | $599,999 |
| 2014-01-09 | Sold | $280,000 |
| 2013-09-19 | Price change | $294,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-03 | $859.36 | -79.65% | $216,910 | 3.00% |
| 2022-09-03 | $4223.29 | 2.35% | $210,600 | 3.00% |
| 2021-09-03 | $4126.33 | 1.51% | $204,470 | 1.40% |
Listed by: Kyle Belanger • LoKation
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11647280
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.
