Frontflip
Deals
My Reports
Get the iOS app
Invite
Settings
Login / Sign up
Deals
My Reports
14
Yield Hits 9.5%, Rental Value $2,191
Updated 13 days ago • 14 new comps
Your Investment Paths
Turnkey Rental
This property offers a promising rental opportunity in Tamarac, with estimated monthly income ranging from $1,872 to $2,191. These figures suggest strong potential for steady cash flow based on recent comparable market activity in the area. With an attractive rental yield of 9.56%, this investment is well-positioned for those looking to maximize returns. The local market remains active, making this a solid choice for generating reliable income through long-term leasing.
More about this home
Neighborhood Assessment
This 1,128 sqft, 2-bed/2-bath home in the Mainlands of Tamarac Lake sits in a mature 55+ community with solid fundamentals but serious climate headwinds. The neighborhood offers stable residential character with decent walkability to local amenities, nearby schools (Park Lakes Elementary 1.2mi away), and established infrastructure. However, the property faces extreme wind risk (10/10) and critical flood insurance requirements, plus escalating heat exposure over the next 30 years. Recent comp sales show similar units ranging $228K-$332K, with this asking price of $255K positioned competitively for the 1,100+ sqft segment. The community amenities (clubhouse, pool) add appeal for retirees, but climate liabilities will pressure long-term appreciation.
Market Activity
+ Ask a question in the app
Rental Income
$24K
Yield
9.6%
Year 1 Estimates
Fix-and-Flip
Updating your home offers a clear boost, raising value from 221 to 236 per square foot. This 7 percent jump creates a fresh, modern appeal, positioning your property to stand out and reach a higher sell potential. Renovating elevates your rent potential significantly, unlocking better income streams and attracting quality tenants. With a solid value-add of over 17,000, this upgrade is a smart way to enhance your lifestyle and long-term financial success.
Comps
23
Uplift
+7%
Buy-Rehab-Rent
This property offers solid BRR potential with a post-renovation value estimated between $276,000 and $305,000. Investors can expect a notable value uplift by upgrading the interior to match the median $261 price per square foot metrics. Projected monthly rental income of $2,227 delivers a healthy 9.2% yield. Given the stability of the rental market in this area, this asset serves as a reliable income generator once the renovation project is completed.
Rental Income
$27K
Yield
9.2%
Year 1 Estimates, Post Typical Renovation
Estimated value
$255K
$33.5K below comp median
Comparative Market Analysis
$176K – $375K
~133 days to sell
Based on 8 comps
4949 NW 48th Way, Fort Lauderdale Investment Report: Flip & Rental Analysis · Frontflip