2548 Tortugas LnFort LauderdaleFL33312
Nearby investment properties with comparable rents
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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 2548 Tortugas Ln, Fort Lauderdale, FL, 33312 offers $9,515/mo rent that, after a $7,342/mo payment. Total monthly income is $9,515/mo. Return on cash invested measures 18.07% in year one, and rental yield stands at 7.61% at a $1,500,000 entry. Equity gained on principal adds $9,679/yr while 5% annual appreciation compounds into $414,422 by year five. Five-year ROI records 93.95% and total cumulative return in cash reaches $456,587. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $9,515/mo property income versus a $7,342/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
7,150 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: Cedric Teboul • D.R.E.A.M. LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10471142
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 2024 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.