1985 Windward DrLauderdale By The SeaFL33062
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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
Rental property for sale in Lauderdale By The Sea at 1985 Windward Dr, Lauderdale By The Sea, FL, 33062 priced at $1,099,000 converts $4,167/mo rent into after a $5,379/mo obligation. Total monthly income equals $4,167/mo. Return on cash invested prints 8.49% in year one, and rental yield reads 4.55% against a $1,099,000 entry. Equity gained on principal adds $7,092/yr, while 5% annual appreciation compiles into $303,633 by year five. Five-year ROI reaches 42.58% and total cumulative return in cash sums $151,614. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,167/mo property income covering a $5,379/mo payment, not borrower’s personal income.
Single Family
Built in 1994
7,877 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33062, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,706 (100%) |
| Owner Occupied HU | 10,288 (45.3%) |
| Renter Occupied HU | 4,064 (17.9%) |
| Vacant Housing Units | 8,354 (36.8%) |
| Median Home Value | $720,313 |
| Average Home Value | $825,817 |
Housing Distribution
Address Breakdown
Residential
19,868
Single Family
4,923
Multi-Family
14,945
Businesses
968
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Listed by: Howie Jakobi • Florida Realty Fusion Corp
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11865715
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.