237 SW 20th StFort LauderdaleFL33315
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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
Investment property for sale in Fort Lauderdale at 237 SW 20th St, Fort Lauderdale, FL, 33315 uses $200,361 cash to close to unlock $616/yr annual cash flow and $51/mo monthly cash flow. Total monthly income runs $4,093/mo, and a $2,981/mo payment keeps the spread at $51/mo. Purchase price stands at $609,000, and rental yield measures 8.07% with $4,093/mo rent. Return on cash invested shows 20.37% in year one, and 5% annual appreciation builds toward $168,255 over five years. Five-year ROI reaches 105.87% and total cumulative return in cash records $212,129. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,093/mo property income covering a $2,981/mo payment rather than investor’s personal income.
Single Family
Built in 1950
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33315, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,908 (100%) |
| Owner Occupied HU | 3,604 (45.6%) |
| Renter Occupied HU | 3,261 (41.2%) |
| Vacant Housing Units | 1,043 (13.2%) |
| Median Home Value | $617,061 |
| Average Home Value | $669,168 |
Housing Distribution
Address Breakdown
Residential
7,173
Single Family
4,953
Multi-Family
2,220
Businesses
926
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Listed by: Renzo R Lara • Castelli Real Estate Services
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10504234
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.