1025 NE 18th Ave #103Fort LauderdaleFL33394
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Fort Lauderdale at 1025 NE 18th Ave #103, Fort Lauderdale, FL, 33394 generates $3,277/mo in rent, after a $2,594/mo payment. Total monthly income is $3,277/mo. Return on cash invested sits at 18.41% in year one, and rental yield is 7.42% on a $530,000 entry. Equity gained on principal adds $3,420/yr, while 5% annual appreciation builds toward $146,429 over five years. Five-year ROI reaches 95.34% and total cumulative return in cash sums $166,243. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,277/mo property income rather than buyer’s personal income.
Townhouse
Built in 2017
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33394, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 795 (100%) |
| Owner Occupied HU | 162 (20.4%) |
| Renter Occupied HU | 533 (67.0%) |
| Vacant Housing Units | 100 (12.6%) |
| Median Home Value | $836,538 |
| Average Home Value | $1,021,327 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
71
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Nearby investment properties with comparable prices
Listed by: Kris Van Gool • Komplete Realty LLC
Mls Name: BeachesMLS
Mls ID: #F10542820