10550 W State Road 84 UNIT 68Fort LauderdaleFL33324
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
Rental property for sale in Fort Lauderdale at 10550 W State Road 84 UNIT 68, Fort Lauderdale, FL, 33324 generates $880/mo in rent and, after a $538/mo payment, leaves $151/mo in cash flow. Total monthly income is $880/mo, and annual cash flow is $1,807/yr on $36,432 invested. Return on cash invested sits at 24.87% in year one, and rental yield is 9.61% on a $109,900 entry. Equity gained on principal adds $709/yr, while 5% annual appreciation builds toward $30,363 over five years. Five-year ROI reaches 130.12% and total cumulative return in cash sums $47,404. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $880/mo property income rather than buyer’s personal income.
Manufactured
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33324, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,031 (100%) |
| Owner Occupied HU | 11,966 (49.8%) |
| Renter Occupied HU | 10,499 (43.7%) |
| Vacant Housing Units | 1,566 ( 6.5%) |
| Median Home Value | $461,489 |
| Average Home Value | $552,528 |
Housing Distribution
Address Breakdown
Residential
23,679
Single Family
13,758
Multi-Family
9,921
Businesses
1,481
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ludys Mata • GLOVAL HOUSEFLIP LLC
Mls Name: My State MLS
Mls ID: #11452829