OFF_MARKETGood Deal7 days on market

2117 NE 61st Court

2117 NE 61st Court, Fort Lauderdale, FL 33308, Fort Lauderdale, FL 33308
$650,000
Zestimate®:$738,600$88,600 Under Market

Listing Price

Property image 1
2117 NE 61st Court, Fort Lauderdale, FL 33308
Loc: Fort Lauderdale, FL
Days Listed
7
Tax Assessed
$385k
Zestimate®
$739k
12% Under Valued
Lot Size
0.30 acres
Rent Estimate
$3,705/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

8

McNab Elementary School

PK-5
0.9 mi away
5

Pompano Beach Middle School

6-8
2.3 mi away
2

Northeast High School

9-12
1.4 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
6.22%
Total ROI
20.7%
Cash Flow
$81/mo
DSCR
1.02
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Checking Access...

Haven AI

Analyzing property data...

Checking Access...

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-05-07Sold$735,000$636
2026-04-21Pending sale$650,000$563
2026-03-30Listed for sale$650,000$563
2013-02-26Sold$355,000$307
2012-10-11Sold$210,000$182
2012-08-29Price change$264,900$229
2012-08-18Listed for sale$289,000$250

Tax History

YearProperty TaxTax Assessment
2025$7,118.23$385,350
2024$6,833.46$374,490
2023$6,688.37$363,590
2022$6,345.76$353,000
2021$6,160.12$342,720
2020$6,045.3$337,990
2019$5,690.62$330,400
2018$5,690.62$324,240
2017$5,394.78$317,580
2016$5,363.09$311,050
2015$5,402.37$308,890
2014$5,533.81$306,440
2013$5,533.81$210,000
2012$6,042.7$293,140
2011$5,785.48$287,030
2010$5,441.83$252,730
2009$4,698.55$229,760
2008$2,109.49$141,220
2007$2,306.63$137,110
2006$2,475.07$133,770
2005$0$129,880
2004$2,578.93$126,100
2003$4,883.81$222,830
2002$5,010.07$198,220
2001$2,393.34$118,950
2000$2,324.23$0
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
2
Sq Ft
1,155
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $650,000Rent Basis: Observed Comp Model ($3,705/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $325/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.09%

NOI: $26,558/yr

Cash-on-Cash Yield
-9.3%

On $149,500 invested

DSCR Ratio
0.66x

Negative debt coverage

5-Yr Leveraged ROI
+47.7%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.98% of basis)-$315/mo
Homeowner / Hazard Insurance-$325/mo
Vacancy Reserve (5% of rent)-$185/mo
Repairs & Maintenance (10% of rent)-$371/mo
Property Management (8% of rent)-$296/mo
Total Pure Operating Expenses-$1,492/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,705/mo
Less: Operating Expenses-$1,492/mo
Net Operating Income (NOI)+$2,213/mo
Less: Debt Service (30yr @ 6.75%)-$3,373/mo
Net Cash Flow
$-1,160/mo
$-13,915/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

Similar Properties Nearby

Explore other investment opportunities in Fort Lauderdale.