2220 NE 68th #1005Fort LauderdaleFL33308
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2220 NE 68th #1005, Fort Lauderdale, FL, 33308 earns from $1,157/mo rent with a $734/mo payment. Total monthly income totals $1,157/mo. ROI tracks 7.92% on current figures, and rental yield reads 9.26% at a $149,888 purchase. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,411 over five years. Five-year ROI reaches 44.93% and total cumulative return in cash sums $22,327. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,157/mo property income instead of your personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
$515 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cheryl A Medeiros • Balistreri Real Estate Inc
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10527335
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.