1031 SW 83rd AveNorth LauderdaleFL33068
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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
Investment property for sale in North Lauderdale at 1031 SW 83rd Ave, North Lauderdale, FL, 33068 offers a 11.74% rental yield on a $380,000 purchase with $3,718/mo rent. Total monthly income registers $3,718/mo, and a $1,860/mo payment leaves $1,196/mo available for distribution. Annual cash flow reaches $14,354/yr on $125,970 to close, and return on cash invested stands at 31.3% in year one. Equity gained on principal adds $2,452/yr while 5% annual appreciation supports $104,987 over five years. Portfolio math shows five-year ROI at 164.55% and total cumulative return in cash at $207,289. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,718/mo property income against a $1,860/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
6,002 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33068, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,276 (100%) |
| Owner Occupied HU | 10,191 (55.8%) |
| Renter Occupied HU | 7,006 (38.3%) |
| Vacant Housing Units | 1,079 ( 5.9%) |
| Median Home Value | $351,558 |
| Average Home Value | $407,427 |
Housing Distribution
Address Breakdown
Residential
18,138
Single Family
12,286
Multi-Family
5,852
Businesses
556
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Listed by: Raquel Andujar • La Rosa Realty Beaches LLC
Mls Name: BeachesMLS
Mls ID: #F10539345