2497 Bimini LnFort LauderdaleFL33312
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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 2497 Bimini Ln, Fort Lauderdale, FL, 33312 priced at $829,000 converts $4,685/mo rent into after a $4,058/mo obligation. Total monthly income equals $4,685/mo. Return on cash invested prints 16.47% in year one, and rental yield reads 6.78% against a $829,000 entry. Equity gained on principal adds $5,349/yr, while 5% annual appreciation compiles into $229,037 by year five. Five-year ROI reaches 84.95% and total cumulative return in cash sums $231,688. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,685/mo property income covering a $4,058/mo payment, not borrower’s personal income.
Single Family
Built in 1954
6,596 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33312, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,901 (100%) |
| Owner Occupied HU | 11,493 (52.5%) |
| Renter Occupied HU | 8,606 (39.3%) |
| Vacant Housing Units | 1,802 ( 8.2%) |
| Median Home Value | $496,219 |
| Average Home Value | $602,182 |
Housing Distribution
Address Breakdown
Residential
20,452
Single Family
15,849
Multi-Family
4,603
Businesses
1,991
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Listed by: Roman Pavlik • Keller Williams Dedicated Professionals
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11661598
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.