8524 Old Country Mnr APT 107Fort LauderdaleFL33328
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Fort Lauderdale at 8524 Old Country Mnr APT 107, Fort Lauderdale, FL, 33328 generates $2,717/mo in rent and, after a $1,366/mo payment, leaves $341/mo in cash flow. Total monthly income is $2,717/mo, and annual cash flow is $4,096/yr on $92,489 invested. Return on cash invested sits at 24.34% in year one, and rental yield is 11.69% on a $279,000 entry. Equity gained on principal adds $1,800/yr, while 5% annual appreciation builds toward $77,083 over five years. Five-year ROI reaches 129.68% and total cumulative return in cash sums $119,935. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,717/mo property income rather than buyer’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
$457 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 33328, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,529 (100%) |
| Owner Occupied HU | 8,146 (77.4%) |
| Renter Occupied HU | 2,072 (19.7%) |
| Vacant Housing Units | 311 ( 3.0%) |
| Median Home Value | $612,809 |
| Average Home Value | $671,315 |
Housing Distribution
Address Breakdown
Residential
10,504
Single Family
8,704
Multi-Family
1,800
Businesses
780
Price History
Date | Event | Price |
|---|---|---|
| 2024-09-09 | Listed for rent | $2,400 |
| 2020-05-27 | Listing removed | $1,500 |
| 2020-05-16 | Listed for rent | $1,500 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $3283.03 | 16.92% | $148,130 | 9.99% |
| 2022-12-26 | $2808.04 | 11.23% | $134,670 | 10.00% |
| 2021-12-26 | $2524.55 | 5.23% | $122,430 | 6.30% |
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Facts & Features
General Information
- Type: Condo
- Year Built: 1974
- Architectural Style: N/A
- Building Area: 920
- Living Area: 920 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central
- Cooling: Central Air
- Flooring: Ceramic Tile
- Interior Features: N/A
- Exterior Features: Screened Balcony
- Parking Features: 2 Or More Spaces, Assigned, Limited # Of Vehicle
Location
- City: Fort Lauderdale
- State: FL
- Subdivision: Alpine Woods Villa No I C
- Lot Size: N/A
- Lot Features: N/A
- View: Lake
HOA & Fees
- HOA Fee: $457 monthly
- Association Fee: $457 monthly
- Fees & Dues: N/A
- Association Amenities: Laundry, Other
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: Silver Ridge
- Middle School: Indian Ridge
- High School: Western
Listed by: Milena Mitraud • Sanmo Realty, Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11632570
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.