12850 W State Road 84 Ivy #27Fort LauderdaleFL33325
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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 Fort Lauderdale at 12850 W State Road 84 Ivy #27, Fort Lauderdale, FL, 33325 uses $35,802 cash to close to unlock $2,123/yr annual cash flow and $177/mo monthly cash flow. Total monthly income runs $894/mo, and a $529/mo payment keeps the spread at $177/mo. Purchase price stands at $108,000, and rental yield measures 9.93% with $894/mo rent. Return on cash invested shows 25.84% in year one, and 5% annual appreciation builds toward $29,838 over five years. Five-year ROI reaches 135.23% and total cumulative return in cash records $48,416. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $894/mo property income covering a $529/mo payment rather than investor’s personal income.
Manufactured
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33325, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,896 (100%) |
| Owner Occupied HU | 8,406 (77.1%) |
| Renter Occupied HU | 2,195 (20.1%) |
| Vacant Housing Units | 295 ( 2.7%) |
| Median Home Value | $538,793 |
| Average Home Value | $543,740 |
Housing Distribution
Address Breakdown
Residential
10,784
Single Family
8,985
Multi-Family
1,799
Businesses
416
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Listed by: Ludys Mata • GLOVAL HOUSEFLIP LLC
Mls Name: My State MLS
Mls ID: #11432877