1635 E Broward BulevardFort LauderdaleFL33301
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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
Rental property for sale in Fort Lauderdale at 1635 E Broward Bulevard, Fort Lauderdale, FL, 33301 offers $7,978/mo rent that, after a $9,055/mo payment. Total monthly income is $7,978/mo. Return on cash invested measures 11.76% in year one, and rental yield stands at 5.17% at a $1,850,000 entry. Equity gained on principal adds $11,938/yr while 5% annual appreciation compounds into $511,121 by year five. Five-year ROI records 59.66% and total cumulative return in cash reaches $357,577. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,978/mo property income versus a $9,055/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33301, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,200 (100%) |
| Owner Occupied HU | 4,658 (27.1%) |
| Renter Occupied HU | 9,032 (52.5%) |
| Vacant Housing Units | 3,510 (20.4%) |
| Median Home Value | $888,968 |
| Average Home Value | $1,108,483 |
Housing Distribution
Address Breakdown
Residential
15,368
Single Family
3,636
Multi-Family
11,732
Businesses
1,279
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Listed by: Javier Martinez • Miami Beach Real Estate Group
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11504906
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.