No HOA. Spacious 5 bed, 2 bath single-family Corner home on a large 7,765 sqft lot. Rented for $5,492/month. The rental income is supported by a government housing assistance program (as of February: $4,033 government / $1,459 tenant). Lease renews 06/30/2026. The tenant has been at the property since July 2024. HVAC 2025.
|| Current management company available for seamless transition. Please do not disturb tenant or knock on the door!
PORTFOLIO SALE AVAILABLE (review broker's remarks)
~10.4% return after property taxes, based on current contractual rents (before other operating expenses).
Investment opportunity consisting of a 9 single-family homes portfolio located in Broward County, Florida.
* Total portfolio asking price: $4,198,000.
* Total contractual rents for the portfolio: $42,497/month ($509,964/year).
* Total 2025 property taxes: $73,955.
*Tenant rents include a portion paid directly by the government.