12 SE 10th AvenueFort LauderdaleFL33301
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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 Fort Lauderdale at 12 SE 10th Avenue, Fort Lauderdale, FL, 33301 priced at $1,945,000 converts $5,997/mo rent into after a $9,520/mo obligation. Total monthly income equals $5,997/mo. Return on cash invested prints 7.21% in year one, and rental yield reads 3.7% against a $1,945,000 entry. Equity gained on principal adds $12,551/yr, while 5% annual appreciation compiles into $537,368 by year five. Five-year ROI reaches 35.25% and total cumulative return in cash sums $222,139. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,997/mo property income covering a $9,520/mo payment, not borrower’s personal income.
Townhouse
Built in 2023
1,809 sqft 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
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Listed by: Paul John Rinaldi • EXP Realty LLC
Mls Name: BeachesMLS
Mls ID: #RX-11153787