2356 NW 111th AveFort LauderdaleFL33322
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
Rental property for sale in Fort Lauderdale at 2356 NW 111th Ave, Fort Lauderdale, FL, 33322 generates $5,722/mo in rent and, after a $3,201/mo payment, leaves $1,006/mo in cash flow. Total monthly income is $5,722/mo, and annual cash flow is $12,071/yr on $215,166 invested. Return on cash invested sits at 25.67% in year one, and rental yield is 10.5% on a $654,000 entry. Equity gained on principal adds $4,220/yr, while 5% annual appreciation builds toward $180,688 over five years. Five-year ROI reaches 135.05% and total cumulative return in cash sums $290,578. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,722/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
6,465 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Kinderman • Compass Florida, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11662158
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.