110 Royal Park Dr APT 4FOakland ParkFL33309
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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 Oakland Park at 110 Royal Park Dr APT 4F, Oakland Park, FL, 33309 priced at $200,000 converts $2,384/mo rent into $326/mo cash flow after a $979/mo obligation. Total monthly income equals $2,384/mo, and annual cash flow totals $3,908/yr on $66,300 invested. Return on cash invested prints 25.8% in year one, and rental yield reads 14.3% against a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation compiles into $55,256 by year five. Five-year ROI reaches 139.85% and total cumulative return in cash sums $92,720. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,384/mo property income covering a $979/mo payment, not borrower’s personal income.
Condo
Built in 1976
N/A lot
$N/A/sqft
$731 monthly 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
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Listed by: Natalia Moreno • One Sotheby's Int'l Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11560802
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.