2117 NE 29th St, Fort Lauderdale, FL, 33306 | 5.65% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Fort Lauderdale at 2117 NE 29th St, Fort Lauderdale, FL, 33306 generates $6,122/mo in rent, after a $6,363/mo payment. Total monthly income is $6,122/mo. Return on cash invested sits at 13.23% in year one, and rental yield is 5.65% on a $1,300,000 entry. Equity gained on principal adds $8,389/yr, while 5% annual appreciation builds toward $359,166 over five years. Five-year ROI reaches 67.54% and total cumulative return in cash sums $284,475. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,122/mo property income rather than buyer’s personal income.

Single Family

Built in 1958

7,000 sqft lot

$N/A/sqft

No HOA