2000 Metropica Way APT 202Fort 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
Rental property for sale in Fort Lauderdale at 2000 Metropica Way APT 202, Fort Lauderdale, FL, 33323 generates $3,841/mo in rent, after a $2,242/mo payment. Total monthly income is $3,841/mo. Return on cash invested sits at 10.95% in year one, and rental yield is 10.06% on a $458,000 entry. Equity gained on principal adds $2,955/yr, while 5% annual appreciation builds toward $126,537 over five years. Five-year ROI reaches 60.94% and total cumulative return in cash sums $92,529. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,841/mo property income rather than buyer’s personal income.
Condo
Built in 2020
N/A lot
$N/A/sqft
$1,478 monthly 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: Ivanna Jimenez • Vntura Real Estate LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11735921
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.