1358 Silverado DrNorth LauderdaleFL33068
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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 North Lauderdale at 1358 Silverado Dr, North Lauderdale, FL, 33068 uses $118,346 cash to close to unlock $6,388/yr annual cash flow and $532/mo monthly cash flow. Total monthly income runs $3,168/mo, and a $1,747/mo payment keeps the spread at $532/mo. Purchase price stands at $357,000, and rental yield measures 10.65% with $3,168/mo rent. Return on cash invested shows 25.31% in year one, and 5% annual appreciation builds toward $98,633 over five years. Five-year ROI reaches 133.37% and total cumulative return in cash records $157,840. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,168/mo property income covering a $1,747/mo payment rather than investor’s personal income.
Townhouse
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33068, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,276 (100%) |
| Owner Occupied HU | 10,191 (55.8%) |
| Renter Occupied HU | 7,006 (38.3%) |
| Vacant Housing Units | 1,079 ( 5.9%) |
| Median Home Value | $351,558 |
| Average Home Value | $407,427 |
Housing Distribution
Address Breakdown
Residential
18,138
Single Family
12,286
Multi-Family
5,852
Businesses
556
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Listed by: Denise Haeussler Leatherbee • London Foster Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11843257
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.