200 NE 17th Ct #805Fort 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 200 NE 17th Ct #805, Fort Lauderdale, FL, 33305 uses $172,725 cash to close to unlock $12,991/yr annual cash flow and $1,083/mo monthly cash flow. Total monthly income runs $4,567/mo, and a $2,570/mo payment keeps the spread at $1,083/mo. Purchase price stands at $525,000, and rental yield measures 10.44% with $4,567/mo rent. Return on cash invested shows 27.58% in year one, and 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 144.55% and total cumulative return in cash records $249,681. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,567/mo property income covering a $2,570/mo payment rather than investor’s personal income.
Townhouse
Built in 1988
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: Monica Hands • Century 21 Hansen Realty Inc
Mls Name: BeachesMLS
Mls ID: #F10540967