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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 8598 Lychee Dr #501, Fort Lauderdale, FL, 33321 generates $2,520/mo in rent, after a $2,325/mo payment. Total monthly income is $2,520/mo. Return on cash invested sits at 9.33% in year one, and rental yield is 6.37% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 48.82% and total cumulative return in cash sums $76,867. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,520/mo property income rather than buyer’s personal income.
Townhouse
Built in 1998
N/A lot
$N/A/sqft
$400 monthly 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 |
|---|---|---|
| 2025-03-16 | Listed for sale | $475,000 |
| 2018-09-28 | Sold | $275,000 |
| 2018-08-14 | Price change | $299,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-16 | $8493.45 | 6.79% | $354,140 | 10.00% |
| 2023-03-16 | $7953.35 | 12.04% | $321,950 | 10.00% |
| 2022-03-16 | $7098.39 | 9.94% | $292,690 | 10.00% |
Listed by: Andre Edwards • United Realty Group, Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11760706
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.
