1901 N Andrews Ave #222Wilton ManorsFL33311
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Wilton Manors at 1901 N Andrews Ave #222, Wilton Manors, FL, 33311 offers a 11.43% rental yield on a $219,900 purchase with $2,094/mo rent. Total monthly income registers $2,094/mo, and a $1,076/mo payment leaves $635/mo available for distribution. Annual cash flow reaches $7,620/yr on $72,897 to close, and return on cash invested stands at 30.36% in year one. Equity gained on principal adds $1,419/yr while 5% annual appreciation supports $60,754 over five years. Portfolio math shows five-year ROI at 159.55% and total cumulative return in cash at $116,308. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,094/mo property income against a $1,076/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33311, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,271 (100%) |
| Owner Occupied HU | 10,998 (40.3%) |
| Renter Occupied HU | 14,421 (52.9%) |
| Vacant Housing Units | 1,852 ( 6.8%) |
| Median Home Value | $362,464 |
| Average Home Value | $412,448 |
Housing Distribution
Address Breakdown
Residential
25,408
Single Family
19,202
Multi-Family
6,206
Businesses
2,571
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andrew Verdi • Coldwell Banker Realty
Mls Name: BeachesMLS
Mls ID: #F10538917