1490 NW 43rd Ave UNIT 201LauderhillFL33313
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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 Lauderhill at 1490 NW 43rd Ave UNIT 201, Lauderhill, FL, 33313 offers a 18% rental yield on a $149,700 purchase with $2,245/mo rent. Total monthly income registers $2,245/mo, and a $733/mo payment leaves $863/mo available for distribution. Annual cash flow reaches $10,353/yr on $49,626 to close, and return on cash invested stands at 40.77% in year one. Equity gained on principal adds $966/yr while 5% annual appreciation supports $41,359 over five years. Portfolio math shows five-year ROI at 218.73% and total cumulative return in cash at $108,548. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,245/mo property income against a $733/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1969
N/A lot
$N/A/sqft
$340 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33313, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,584 (100%) |
| Owner Occupied HU | 10,165 (41.3%) |
| Renter Occupied HU | 12,317 (50.1%) |
| Vacant Housing Units | 2,102 ( 8.6%) |
| Median Home Value | $275,847 |
| Average Home Value | $312,425 |
Housing Distribution
Address Breakdown
Residential
24,113
Single Family
12,330
Multi-Family
11,783
Businesses
1,258
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Listed by: Carlton Johnson • PRA And Company Realtors
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10464122
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.