1414 SE 12th St UNIT 1BFort LauderdaleFL33316
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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
Total monthly income runs $7,510/mo, and a $8,296/mo payment. Purchase price stands at $1,695,000, and rental yield measures 5.32% with $7,510/mo rent. Return on cash invested shows 12.2% in year one, and 5% annual appreciation builds toward $468,297 over five years. Five-year ROI reaches 62.01% and total cumulative return in cash records $340,545. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,510/mo property income covering a $8,296/mo payment rather than investor’s personal income.
Condo
Built in 2009
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33316, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,837 (100%) |
| Owner Occupied HU | 4,013 (40.8%) |
| Renter Occupied HU | 3,445 (35.0%) |
| Vacant Housing Units | 2,379 (24.2%) |
| Median Home Value | $955,160 |
| Average Home Value | $1,128,986 |
Housing Distribution
Address Breakdown
Residential
8,599
Single Family
2,862
Multi-Family
5,737
Businesses
1,405
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Listed by: Agostina Mittone • Compass Florida, LLC
Mls Name: MIAMI
Mls ID: #A11889650