10627 Lago Welleby DrFort LauderdaleFL33351
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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 Fort Lauderdale at 10627 Lago Welleby Dr, Fort Lauderdale, FL, 33351 earns $359/mo cash flow from $4,241/mo rent with a $2,516/mo payment. Total monthly income totals $4,241/mo, and annual cash flow totals $4,313/yr on $169,106 capital. ROI tracks 22.61% on current figures, and rental yield reads 9.9% at a $514,000 purchase. Equity gained on principal adds $3,317/yr, and 5% annual appreciation supports $142,009 over five years. Five-year ROI reaches 119.11% and total cumulative return in cash sums $201,419. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,241/mo property income instead of your personal income.
Single Family
Built in 1993
5,133 sqft lot
$N/A/sqft
$75 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33351, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,003 (100%) |
| Owner Occupied HU | 8,001 (53.3%) |
| Renter Occupied HU | 6,211 (41.4%) |
| Vacant Housing Units | 791 ( 5.3%) |
| Median Home Value | $391,599 |
| Average Home Value | $435,789 |
Housing Distribution
Address Breakdown
Residential
14,164
Single Family
9,691
Multi-Family
4,473
Businesses
1,918
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Listed by: Ricardo Resino • Premium Miami Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11687955
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.