213 NW 28th AveFort LauderdaleFL33311
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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 213 NW 28th Ave, Fort Lauderdale, FL, 33311 generates $3,650/mo in rent and, after a $1,908/mo payment, leaves $891/mo in cash flow. Total monthly income is $3,650/mo, and annual cash flow is $10,692/yr on $129,252 invested. Return on cash invested sits at 28.18% in year one, and rental yield is 11.23% on a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 148.4% and total cumulative return in cash sums $191,809. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,650/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
10,803 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 33311, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,271 (100%) |
| Owner Occupied HU | 10,998 (40.3%) |
| Renter Occupied HU | 14,421 (52.9%) |
| Vacant Housing Units | 1,852 ( 6.8%) |
| Median Home Value | $362,464 |
| Average Home Value | $412,448 |
Housing Distribution
Address Breakdown
Residential
25,408
Single Family
19,202
Multi-Family
6,206
Businesses
2,571
Price History
Date | Event | Price |
|---|---|---|
| 2025-09-02 | Sold | $389,900 |
| 2025-08-03 | Pending sale | $389,900 |
| 2025-07-29 | Listed for sale | $389,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-28 | $5532.25 | 2.29% | $296,720 | 3.00% |
| 2023-10-28 | $5408.17 | 2.63% | $288,080 | 0.63% |
| 2022-10-28 | $5269.34 | 0.50% | $286,280 | 17.67% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1954
- Architectural Style: N/A
- Building Area: 1,591
- Living Area: 1,466 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central
- Cooling: Ceiling Fan(s), Central Air
- Flooring: Tile, Vinyl
- Interior Features: Pantry, Split Bedroom, Walk-In Closet(s)
- Exterior Features: Lighting, Room For Pool
- Parking Features: Driveway, Slab/Strip
Location
- City: Fort Lauderdale
- State: FL
- Subdivision: Broward Park
- Lot Size: 10,803 sqft
- Lot Features: Less Than 1/4 Acre Lot
- View: None
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Municipal Water
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Sasha Pena • Vanguard Group Realty LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11847899
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.