124 Almar DrWilton ManorsFL33334
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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 Wilton Manors at 124 Almar Dr, Wilton Manors, FL, 33334 priced at $514,100 converts $3,286/mo rent into after a $2,516/mo obligation. Total monthly income equals $3,286/mo. Return on cash invested prints 19.17% in year one, and rental yield reads 7.67% against a $514,100 entry. Equity gained on principal adds $3,317/yr, while 5% annual appreciation compiles into $142,036 by year five. Five-year ROI reaches 99.44% and total cumulative return in cash sums $168,199. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,286/mo property income covering a $2,516/mo payment, not borrower’s personal income.
Single Family
Built in 1956
7,143 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33334, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,055 (100%) |
| Owner Occupied HU | 7,362 (48.9%) |
| Renter Occupied HU | 6,304 (41.9%) |
| Vacant Housing Units | 1,389 ( 9.2%) |
| Median Home Value | $551,236 |
| Average Home Value | $594,118 |
Housing Distribution
Address Breakdown
Residential
14,115
Single Family
9,540
Multi-Family
4,575
Businesses
2,196
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Listed by: Andrea Butcher • Realhome Service & Solutions I
Mls Name: BeachesMLS
Mls ID: #F10520100