1475 SE 15 Street #312Fort 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
Investment property for sale in Fort Lauderdale at 1475 SE 15 Street #312, Fort Lauderdale, FL, 33316 earns $665/mo cash flow from $2,125/mo rent with a $1,077/mo payment. Total monthly income totals $2,125/mo, and annual cash flow totals $7,978/yr on $72,930 capital. ROI tracks 30.85% on current figures, and rental yield reads 11.59% at a $220,000 purchase. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 over five years. Five-year ROI reaches 162.07% and total cumulative return in cash sums $118,199. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,125/mo property income instead of your personal income.
Condo
Built in 1974
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: Eddy Sua • Capital Group Realty of South Florida
Mls Name: BeachesMLS
Mls ID: #RX-11134207