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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 9306 NW 8th Cir, Fort Lauderdale, FL, 33324 generates $4,200/mo in rent and, after a $2,149/mo payment, leaves $1,083/mo in cash flow. Total monthly income is $4,200/mo, and annual cash flow is $13,001/yr on $145,529 invested. Return on cash invested sits at 28.84% in year one, and rental yield is 11.48% on a $439,000 entry. Equity gained on principal adds $2,833/yr, while 5% annual appreciation builds toward $121,288 over five years. Five-year ROI reaches 151.96% and total cumulative return in cash sums $221,144. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,200/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
3,658 sqft lot
$N/A/sqft
$203 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 |
|---|---|---|
| 1992-10-01 | Sold | $109,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-04 | $1833.85 | -16.75% | $155,560 | 3.00% |
| 2023-08-04 | $2202.72 | 1.63% | $151,030 | 2.99% |
| 2022-08-04 | $2167.44 | 4.34% | $146,640 | 3.00% |
Listed by: Carlos Cruz PA • World Impact Real Estate
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11851347
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.
