1891 SW 84th AveFort LauderdaleFL33324
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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 1891 SW 84th Ave, Fort Lauderdale, FL, 33324 uses $89,339 cash to close to unlock $1,687/yr annual cash flow and $141/mo monthly cash flow. Total monthly income runs $1,929/mo, and a $1,319/mo payment keeps the spread at $141/mo. Purchase price stands at $269,500, and rental yield measures 8.59% with $1,929/mo rent. Return on cash invested shows 21.8% in year one, and 5% annual appreciation builds toward $74,458 over five years. Five-year ROI reaches 113.58% and total cumulative return in cash records $101,472. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,929/mo property income covering a $1,319/mo payment rather than investor’s personal income.
Manufactured
Built in 1969
4,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33324, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,031 (100%) |
| Owner Occupied HU | 11,966 (49.8%) |
| Renter Occupied HU | 10,499 (43.7%) |
| Vacant Housing Units | 1,566 ( 6.5%) |
| Median Home Value | $461,489 |
| Average Home Value | $552,528 |
Housing Distribution
Address Breakdown
Residential
23,679
Single Family
13,758
Multi-Family
9,921
Businesses
1,481
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Listed by: Marguerite Huet • United Realty Group Inc
Mls Name: MIAMI
Mls ID: #A11901564