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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 9050 NW 38th Pl, Fort Lauderdale, FL, 33351 offers a 8.73% rental yield on a $430,000 purchase with $3,130/mo rent. 68% in year one. Equity gained on principal adds $2,775/yr while 5% annual appreciation supports $118,801 over five years. Portfolio math shows five-year ROI at 98.16% and total cumulative return in cash at $139,923. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,130/mo property income against a $2,105/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2002
N/A lot
$N/A/sqft
$220 monthly 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 |
|---|---|---|
| 2024-12-22 | Listed for sale | $430,000 |
| 2024-11-12 | Listing removed | $430,000 |
| 2024-08-07 | Price change | $430,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $6249.13 | 13.77% | $274,180 | 10.00% |
| 2022-12-26 | $5492.93 | 11.56% | $249,260 | 10.00% |
| 2021-12-26 | $4923.83 | 9.52% | $226,600 | 9.36% |
Listed by: Patty Da Silva • Green Realty Properties Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11611241
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.
