2000 Metropica Way #408Fort LauderdaleFL33323
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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 2000 Metropica Way #408, Fort Lauderdale, FL, 33323 uses $82,875 cash to close to unlock $163/yr annual cash flow and $14/mo monthly cash flow. Total monthly income runs $1,673/mo, and a $1,224/mo payment keeps the spread at $14/mo. Purchase price stands at $250,000, and rental yield measures 8.03% with $1,673/mo rent. Return on cash invested shows 20.11% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 104.51% and total cumulative return in cash records $86,614. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,673/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Condo
Built in 2020
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33323, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,605 (100%) |
| Owner Occupied HU | 6,072 (63.2%) |
| Renter Occupied HU | 2,716 (28.3%) |
| Vacant Housing Units | 817 ( 8.5%) |
| Median Home Value | $535,546 |
| Average Home Value | $594,867 |
Housing Distribution
Address Breakdown
Residential
8,733
Single Family
6,145
Multi-Family
2,588
Businesses
788
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Listed by: Rogerio Silva • The Florida Lounge Realty LLC
Mls Name: MIAMI
Mls ID: #A11900253