1270 NW 56th AveLauderhillFL33313
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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
Investment property for sale in Lauderhill at 1270 NW 56th Ave, Lauderhill, FL, 33313 uses $168,086 cash to close to unlock $14,330/yr annual cash flow and $1,194/mo monthly cash flow. Total monthly income runs $4,585/mo, and a $2,501/mo payment keeps the spread at $1,194/mo. Purchase price stands at $510,900, and rental yield measures 10.77% with $4,585/mo rent. Return on cash invested shows 28.59% in year one, and 5% annual appreciation builds toward $141,152 over five years. Five-year ROI reaches 149.94% and total cumulative return in cash records $252,034. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,585/mo property income covering a $2,501/mo payment rather than investor’s personal income.
Single Family
Built in 1968
7,014 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 33313, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,584 (100%) |
| Owner Occupied HU | 10,165 (41.3%) |
| Renter Occupied HU | 12,317 (50.1%) |
| Vacant Housing Units | 2,102 ( 8.6%) |
| Median Home Value | $275,847 |
| Average Home Value | $312,425 |
Housing Distribution
Address Breakdown
Residential
24,113
Single Family
12,330
Multi-Family
11,783
Businesses
1,258
Price History
Date | Event | Price |
|---|---|---|
| 2025-04-04 | Listed for sale | $510,900 |
| 2025-02-20 | Listing removed | $515,000 |
| 2025-02-16 | Listed for sale | $515,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-05 | $3230.61 | -22.52% | $153,210 | 3.00% |
| 2023-04-05 | $4169.44 | 4.34% | $148,750 | 3.00% |
| 2022-04-05 | $3995.93 | 37.39% | $144,420 | 3.00% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1968
- Architectural Style: N/A
- Building Area: N/A
- Living Area: 1,808 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central
- Cooling: Central Air
- Flooring: Tile
- Interior Features: N/A
- Exterior Features: Lighting
- Parking Features: Circular Driveway, Converted Garage
Location
- City: Lauderhill
- State: FL
- Subdivision: Fern Sub One 55-5 B
- Lot Size: 7,014 sqft
- Lot Features: Less Than 1/4 Acre Lot
- View: Canal
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Municipal Water
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Pierre Philisme • Coldwell Banker Realty
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10486654
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.