111 SE 8th Ave #1005Fort LauderdaleFL33301
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 Fort Lauderdale at 111 SE 8th Ave #1005, Fort Lauderdale, FL, 33301 earns from $4,264/mo rent with a $3,304/mo payment. Total monthly income totals $4,264/mo. ROI tracks 18.9% on current figures, and rental yield reads 7.58% at a $675,000 purchase. Equity gained on principal adds $4,356/yr, and 5% annual appreciation supports $186,490 over five years. Five-year ROI reaches 97.97% and total cumulative return in cash sums $217,575. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,264/mo property income instead of your personal income.
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33301, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,200 (100%) |
| Owner Occupied HU | 4,658 (27.1%) |
| Renter Occupied HU | 9,032 (52.5%) |
| Vacant Housing Units | 3,510 (20.4%) |
| Median Home Value | $888,968 |
| Average Home Value | $1,108,483 |
Housing Distribution
Address Breakdown
Residential
15,368
Single Family
3,636
Multi-Family
11,732
Businesses
1,279
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chad M Gray • Compass Florida, LLC
Mls Name: BeachesMLS
Mls ID: #F10539120