2020 NE 54th StFort LauderdaleFL33308
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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 2020 NE 54th St, Fort Lauderdale, FL, 33308 uses $362,880 cash to close to unlock $1,744/yr annual cash flow and $145/mo monthly cash flow. Total monthly income runs $7,578/mo, and a $5,482/mo payment keeps the spread at $145/mo. Purchase price stands at $1,120,000, and rental yield measures 8.12% with $7,578/mo rent. Return on cash invested shows 20.85% in year one, and 5% annual appreciation builds toward $309,435 over five years. Five-year ROI reaches 108.4% and total cumulative return in cash records $393,359. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,578/mo property income covering a $5,482/mo payment rather than investor’s personal income.
Single Family
Built in 1957
7,502 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33308, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,285 (100%) |
| Owner Occupied HU | 11,743 (48.4%) |
| Renter Occupied HU | 5,314 (21.9%) |
| Vacant Housing Units | 7,228 (29.8%) |
| Median Home Value | $710,489 |
| Average Home Value | $814,851 |
Housing Distribution
Address Breakdown
Residential
21,128
Single Family
6,376
Multi-Family
14,752
Businesses
1,456
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Listed by: Oleg Sergiienko • Sunst Real Estate LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11899969
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.