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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 Fort Lauderdale at 8511 NW 51st Ct, Fort Lauderdale, FL, 33351 generates $4,056/mo in rent, after a $2,888/mo payment. Total monthly income is $4,056/mo. Return on cash invested sits at 18.23% in year one, and rental yield is 8.25% on a $590,000 entry. Equity gained on principal adds $3,807/yr, while 5% annual appreciation builds toward $163,006 over five years. Five-year ROI reaches 95.37% and total cumulative return in cash sums $185,116. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,056/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
7,509 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33351, Fort Lauderdale, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,003 (100%) |
| Owner Occupied HU | 8,001 (53.3%) |
| Renter Occupied HU | 6,211 (41.4%) |
| Vacant Housing Units | 791 ( 5.3%) |
| Median Home Value | $391,599 |
| Average Home Value | $435,789 |
Residential
14,164
Single Family
9,691
Multi-Family
4,473
Businesses
1,918
Date | Event | Price |
|---|---|---|
| 2025-06-12 | Listed for sale | $590,000 |
| 2025-06-11 | Listing removed | N/A |
| 2025-04-29 | Price change | $585,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-12 | $10493.44 | 8.92% | $388,470 | 10.00% |
| 2023-06-12 | $9634.41 | 15.79% | $353,160 | 10.00% |
| 2022-06-12 | $8320.62 | 9.50% | $321,060 | 10.00% |
Listed by: Remone Blake • EXP Realty LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11821107
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.
