105 Lake Emerald Dr APT 416Oakland ParkFL33309
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Oakland Park at 105 Lake Emerald Dr APT 416, Oakland Park, FL, 33309 listed at $250,400 pairs $2,848/mo rent with a $1,226/mo payment to leave $932/mo cash flow. Total monthly income runs $2,848/mo, and annual cash flow reaches $11,178/yr on $83,008 cash to close. Return on cash invested measures 33.38% in year one, and rental yield registers 13.65% at a $250,400 basis. Equity gained on principal adds $1,616/yr, and annual property appreciation at 5% supports $69,181 by year five. Five-year ROI tracks 177.01% and total cumulative return in cash totals $146,931. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,848/mo property income relative to a $1,226/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33309, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,194 (100%) |
| Owner Occupied HU | 9,384 (57.9%) |
| Renter Occupied HU | 5,818 (35.9%) |
| Vacant Housing Units | 992 ( 6.1%) |
| Median Home Value | $401,519 |
| Average Home Value | $475,097 |
Housing Distribution
Address Breakdown
Residential
15,277
Single Family
11,083
Multi-Family
4,194
Businesses
2,822
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A