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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 8390 NW 24th St, Fort Lauderdale, FL, 33322 uses $165,750 cash to close to unlock $17,887/yr annual cash flow and $1,491/mo monthly cash flow. Total monthly income runs $5,248/mo, and a $2,447/mo payment keeps the spread at $1,491/mo. Purchase price stands at $500,000, and rental yield measures 12.6% with $5,248/mo rent. Return on cash invested shows 30.7% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 162.46% and total cumulative return in cash records $269,276. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,248/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 1971
7,500 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-09-04 | Sold | $500,000 |
| 2025-07-18 | Pending sale | $463,000 |
| 2025-07-11 | Listed for sale | $463,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-16 | $9725.53 | 7.94% | $436,020 | 10.00% |
| 2023-10-16 | $9010.04 | 16.85% | $396,390 | 10.00% |
| 2022-10-16 | $7710.45 | 10.04% | $360,360 | 10.00% |
Listed by: Robert Salmons • Entera Realty LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11837138
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.
