1437 NW 36th Way #1437Fort LauderdaleFL33311
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1437 NW 36th Way #1437, Fort Lauderdale, FL, 33311 uses $125,804 cash to close to unlock $7,992/yr annual cash flow and $666/mo monthly cash flow. Total monthly income runs $3,678/mo, and a $1,857/mo payment keeps the spread at $666/mo. Purchase price stands at $379,500, and rental yield measures 11.63% with $3,678/mo rent. Return on cash invested shows 26.26% in year one, and 5% annual appreciation builds toward $104,849 over five years. Five-year ROI reaches 139.24% and total cumulative return in cash records $175,176. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,678/mo property income covering a $1,857/mo payment rather than investor’s personal income.
Townhouse
Built in 2007
N/A lot
$N/A/sqft
$494 monthly HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2025-02-01 | Listed for sale | $379,500 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: Townhouse
- Year Built: 2007
- Architectural Style: N/A
- Building Area: 2,268
- Living Area: 2,050 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central
- Cooling: Central Air
- Flooring: N/A
- Interior Features: Walk-In Closet(s)
- Exterior Features: N/A
- Parking Features: Fee Simple Garage
Location
- City: Fort Lauderdale
- State: FL
- Subdivision: Georgetown
- Lot Size: N/A
- Lot Features: N/A
- View: Lake, Other
HOA & Fees
- HOA Fee: $494 monthly
- Association Fee: $494 monthly
- Fees & Dues: N/A
- Association Amenities: Basketball Court, Barbecue, Child Play Area, Clubhouse-Clubroom, Community Room
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Janna Turner • LoKation
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11724177
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.