11088 NW 23rd Ct, Fort Lauderdale, FL, 33322 | $500/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Fort Lauderdale at 11088 NW 23rd Ct, Fort Lauderdale, FL, 33322 offers a 9.85% rental yield on a $610,000 purchase with $5,006/mo rent. Total monthly income registers $5,006/mo, and a $2,986/mo payment leaves $500/mo available for distribution. Annual cash flow reaches $5,995/yr on $200,690 to close, and return on cash invested stands at 23.05% in year one. Equity gained on principal adds $3,936/yr while 5% annual appreciation supports $168,532 over five years. Portfolio math shows five-year ROI at 121.23% and total cumulative return in cash at $243,295. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,006/mo property income against a $2,986/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1980

7,492 sqft lot

$N/A/sqft

No HOA