197 Lakeview Dr APT 102Fort 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 197 Lakeview Dr APT 102, Fort Lauderdale, FL, 33326 listed at $330,000 pairs $3,094/mo rent with a $1,615/mo payment to leave $218/mo cash flow. Total monthly income runs $3,094/mo, and annual cash flow reaches $2,615/yr on $109,395 cash to close. Return on cash invested measures 22.3% in year one, and rental yield registers 11.25% at a $330,000 basis. Equity gained on principal adds $2,129/yr, and annual property appreciation at 5% supports $91,173 by year five. Five-year ROI tracks 118.95% and total cumulative return in cash totals $130,127. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,094/mo property income relative to a $1,615/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1979
N/A lot
$N/A/sqft
$441 monthly 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: Dayvana Soto Vallenilla • United Realty Group - Weston
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11852249
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.