1515 NE 14th StFort LauderdaleFL33304
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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 1515 NE 14th St, Fort Lauderdale, FL, 33304 listed at $640,000 pairs $6,142/mo rent with a $3,132/mo payment to leave $1,895/mo cash flow. Total monthly income runs $6,142/mo, and annual cash flow reaches $22,744/yr on $210,560 cash to close. Return on cash invested measures 30.86% in year one, and rental yield registers 11.52% at a $640,000 basis. Equity gained on principal adds $4,130/yr, and annual property appreciation at 5% supports $176,820 by year five. Five-year ROI tracks 162.14% and total cumulative return in cash totals $341,406. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,142/mo property income relative to a $3,132/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1949
5,854 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33304, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,109 (100%) |
| Owner Occupied HU | 5,379 (35.6%) |
| Renter Occupied HU | 6,993 (46.3%) |
| Vacant Housing Units | 2,737 (18.1%) |
| Median Home Value | $733,600 |
| Average Home Value | $905,136 |
Housing Distribution
Address Breakdown
Residential
12,657
Single Family
4,624
Multi-Family
8,033
Businesses
1,074
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Listed by: Trent Head • RE/MAX Experience
Mls Name: BeachesMLS
Mls ID: #F10528268