1423 23Fort LauderdaleFL33311
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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 1423 23, Fort Lauderdale, FL, 33311 earns from $3,754/mo rent with a $6,309/mo payment. Total monthly income totals $3,754/mo. ROI tracks 6.58% on current figures, and rental yield reads 3.49% at a $1,289,000 purchase. Equity gained on principal adds $8,318/yr, and 5% annual appreciation supports $356,127 over five years. Five-year ROI reaches 31.85% and total cumulative return in cash sums $133,014. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,754/mo property income instead of your personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33311, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,271 (100%) |
| Owner Occupied HU | 10,998 (40.3%) |
| Renter Occupied HU | 14,421 (52.9%) |
| Vacant Housing Units | 1,852 ( 6.8%) |
| Median Home Value | $362,464 |
| Average Home Value | $412,448 |
Housing Distribution
Address Breakdown
Residential
25,408
Single Family
19,202
Multi-Family
6,206
Businesses
2,571
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Listed by: Olga Rogers • United Realty Group, Inc
Mls Name: BeachesMLS
Mls ID: #F10542138