2431 NW 69th CtFort LauderdaleFL33309
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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
Rental property for sale in Fort Lauderdale at 2431 NW 69th Ct, Fort Lauderdale, FL, 33309 generates $5,357/mo in rent and, after a $2,814/mo payment, leaves $1,542/mo in cash flow. Total monthly income is $5,357/mo, and annual cash flow is $18,498/yr on $189,175 invested. Return on cash invested sits at 29.84% in year one, and rental yield is 11.18% on a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 156.65% and total cumulative return in cash sums $296,339. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,357/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33309, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,194 (100%) |
| Owner Occupied HU | 9,384 (57.9%) |
| Renter Occupied HU | 5,818 (35.9%) |
| Vacant Housing Units | 992 ( 6.1%) |
| Median Home Value | $401,519 |
| Average Home Value | $475,097 |
Housing Distribution
Address Breakdown
Residential
15,277
Single Family
11,083
Multi-Family
4,194
Businesses
2,822
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Listed by: Debra Giglia • RE/MAX Preferred
Mls Name: BeachesMLS
Mls ID: #F10515030