1743 NE 4th AveFort LauderdaleFL33305
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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 1743 NE 4th Ave, Fort Lauderdale, FL, 33305 uses $180,950 cash to close to unlock $7,513/yr annual cash flow and $626/mo monthly cash flow. Total monthly income runs $4,276/mo, and a $2,692/mo payment keeps the spread at $626/mo. Purchase price stands at $549,999, and rental yield measures 9.33% with $4,276/mo rent. Return on cash invested shows 24.21% in year one, and 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 126.5% and total cumulative return in cash records $228,909. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,276/mo property income covering a $2,692/mo payment rather than investor’s personal income.
Townhouse
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33305, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,982 (100%) |
| Owner Occupied HU | 4,074 (51.0%) |
| Renter Occupied HU | 2,665 (33.4%) |
| Vacant Housing Units | 1,243 (15.6%) |
| Median Home Value | $715,647 |
| Average Home Value | $889,149 |
Housing Distribution
Address Breakdown
Residential
6,902
Single Family
4,182
Multi-Family
2,720
Businesses
488
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Listed by: Matthew Heinz • Better Homes & Gdns RE Fla 1st
Mls Name: BeachesMLS
Mls ID: #F10543417