2431 NW 56th Ave #204, Lauderhill, FL, 33313 | $184/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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2431 NW 56th Ave #204, Lauderhill, FL, 33313 | $184/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lauderhill at 2431 NW 56th Ave #204, Lauderhill, FL, 33313 listed at $175,000 pairs $1,346/mo rent with a $857/mo payment to leave $184/mo cash flow. Total monthly income runs $1,346/mo, and annual cash flow reaches $2,211/yr on $58,013 cash to close. Return on cash invested measures 23.72% in year one, and rental yield registers 9.23% at a $175,000 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,349 by year five. Five-year ROI tracks 123.94% and total cumulative return in cash totals $71,899. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,346/mo property income relative to a $857/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1996

N/A lot

$N/A/sqft

No HOA

More details about the property

Huge floor plan distribution: Buyers searching for a 2 bed condominium in Lauderhill will appreciate this upgraded, centrally located option offering fresh interior paint, new stainless steel appliances, a balcony with a tranquil garden view, and an HOA that includes water, insurance, and amenities. Vacant and appointment only, it suits both first time buyers and investors

Neighborhood Data

Neighborhood data shown for ZIP Code: 33313, Fort Lauderdale, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	24,584 (100%)
Owner Occupied HU	10,165 (41.3%)
Renter Occupied HU	12,317 (50.1%)
Vacant Housing Units	2,102 ( 8.6%)
Median Home Value	$275,847
Average Home Value	$312,425