2300 NE 33rd Ave APT 402Fort LauderdaleFL33305
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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
Total monthly income runs $2,737/mo, and a $2,104/mo payment. Purchase price stands at $429,900, and rental yield measures 7.64% with $2,737/mo rent. Return on cash invested shows 8.84% in year one, and 5% annual appreciation builds toward $118,773 over five years. Five-year ROI reaches 47.75% and total cumulative return in cash records $68,047. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,737/mo property income covering a $2,104/mo payment rather than investor’s personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
$1,091 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33305, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,982 (100%) |
| Owner Occupied HU | 4,074 (51.0%) |
| Renter Occupied HU | 2,665 (33.4%) |
| Vacant Housing Units | 1,243 (15.6%) |
| Median Home Value | $715,647 |
| Average Home Value | $889,149 |
Housing Distribution
Address Breakdown
Residential
6,902
Single Family
4,182
Multi-Family
2,720
Businesses
488
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Listed by: Roman Pavlik • Keller Williams Dedicated Professionals
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11812992
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.