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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 9257 NW 9th Pl #23, Fort Lauderdale, FL, 33324 offers a 9.61% rental yield on a $465,000 purchase with $3,722/mo rent. Total monthly income registers $3,722/mo, and a $2,276/mo payment leaves $19/mo available for distribution. Annual cash flow reaches $229/yr on $154,148 to close, and return on cash invested stands at 20.06% in year one. Equity gained on principal adds $3,001/yr while 5% annual appreciation supports $128,471 over five years. Portfolio math shows five-year ROI at 105.99% and total cumulative return in cash at $163,379. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,722/mo property income against a $2,276/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1989
N/A lot
$N/A/sqft
$617 monthly HOA
Neighborhood data shown for ZIP Code: 33324, Fort Lauderdale, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,031 (100%) |
| Owner Occupied HU | 11,966 (49.8%) |
| Renter Occupied HU | 10,499 (43.7%) |
| Vacant Housing Units | 1,566 ( 6.5%) |
| Median Home Value | $461,489 |
| Average Home Value | $552,528 |
Residential
23,679
Single Family
13,758
Multi-Family
9,921
Businesses
1,481
Date | Event | Price |
|---|---|---|
| 2023-06-12 | Sold | $385,000 |
| 2023-04-30 | Pending sale | $390,000 |
| 2023-04-05 | Listed for sale | $390,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Yuruari Herrera • Realty One Group Royal Oaks
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11824475
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.
