240 Shore CtFort LauderdaleFL33308
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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 240 Shore Ct, Fort Lauderdale, FL, 33308 at $1,999,995 posts ROI 7.74% with from $6,450/mo rent. Total monthly income equals $6,450/mo. Return on cash invested measures 7.74% and rental yield reads 3.87% at the current $1,999,995. Equity gained on principal adds $12,906/yr, and 5% annual appreciation supports $552,562 by year five. Five-year ROI prints 38.06% and total cumulative return in cash totals $246,653. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,450/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2017
N/A lot
$N/A/sqft
No 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
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Listed by: Richard Salter • Compass Florida, LLC
Mls Name: BeachesMLS
Mls ID: #F10537629