16600 Greens Edge Cir #83Fort LauderdaleFL33326
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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 16600 Greens Edge Cir #83, Fort Lauderdale, FL, 33326 earns $1,018/mo cash flow from $4,502/mo rent with a $2,570/mo payment. Total monthly income totals $4,502/mo, and annual cash flow totals $12,211/yr on $172,725 capital. ROI tracks 27.13% on current figures, and rental yield reads 10.29% at a $525,000 purchase. Equity gained on principal adds $3,388/yr, and 5% annual appreciation supports $145,048 over five years. Five-year ROI reaches 142.13% and total cumulative return in cash sums $245,493. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,502/mo property income instead of your personal income.
Townhouse
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33326, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,930 (100%) |
| Owner Occupied HU | 8,483 (65.6%) |
| Renter Occupied HU | 3,701 (28.6%) |
| Vacant Housing Units | 746 ( 5.8%) |
| Median Home Value | $597,124 |
| Average Home Value | $641,680 |
Housing Distribution
Address Breakdown
Residential
12,156
Single Family
10,140
Multi-Family
2,016
Businesses
1,366
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Listed by: Rafael Monterrey • Balistreri Real Estate Inc
Mls Name: BeachesMLS
Mls ID: #F10548807