1413 SW 109th Way, Fort Lauderdale, FL, 33324 | $784/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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1413 SW 109th Way, Fort Lauderdale, FL, 33324 | $784/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Fort Lauderdale at 1413 SW 109th Way, Fort Lauderdale, FL, 33324 uses $165,717 cash to close to unlock $9,412/yr annual cash flow and $784/mo monthly cash flow. Total monthly income runs $4,102/mo, and a $2,447/mo payment keeps the spread at $784/mo. Purchase price stands at $499,900, and rental yield measures 9.85% with $4,102/mo rent. Return on cash invested shows 25.59% in year one, and 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 133.9% and total cumulative return in cash records $221,892. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,102/mo property income covering a $2,447/mo payment rather than investor’s personal income.

Townhouse

Built in 1999

N/A lot

$N/A/sqft

No HOA

More details about the property

Experience an exceptional lifestyle in this spacious 3BR/2.5BA townhome located in Davies desirable Harmony Lakes community. Filled with natural light, this home features a new water heater, new washer and dryer, accordion shutters, and convenient under-stair storage. Enjoy a private fenced backyard, driveway that accommodates up to 4 cars and a garage. Built in 1999, this modern Phase 2 model was constructed within Phase 1, offering the advantages of newer construction with classic design. Just a short walk to the park and recreation grounds with resort-style amenities including a playground, lighted sports courts, jogging path, fitness circuit, BBQ pavilion, lake, and open green space. A dog and family-friendly neighborhood with A+ Davie schools and easy access to I-595, expressways.

Neighborhood Data

Neighborhood data shown for ZIP Code: 33324, Fort Lauderdale, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	24,031 (100%)
Owner Occupied HU	11,966 (49.8%)
Renter Occupied HU	10,499 (43.7%)
Vacant Housing Units	1,566 ( 6.5%)
Median Home Value	$461,489
Average Home Value	$552,528