2609 NE 14th Ave #107Wilton ManorsFL33334
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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 Wilton Manors at 2609 NE 14th Ave #107, Wilton Manors, FL, 33334 earns $507/mo cash flow from $4,488/mo rent with a $2,936/mo payment. Total monthly income totals $4,488/mo, and annual cash flow totals $6,086/yr on $197,367 capital. ROI tracks 23.14% on current figures, and rental yield reads 8.98% at a $599,900 purchase. Equity gained on principal adds $3,871/yr, and 5% annual appreciation supports $165,741 over five years. Five-year ROI reaches 120.76% and total cumulative return in cash sums $238,348. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,488/mo property income instead of your personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33334, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,055 (100%) |
| Owner Occupied HU | 7,362 (48.9%) |
| Renter Occupied HU | 6,304 (41.9%) |
| Vacant Housing Units | 1,389 ( 9.2%) |
| Median Home Value | $551,236 |
| Average Home Value | $594,118 |
Housing Distribution
Address Breakdown
Residential
14,115
Single Family
9,540
Multi-Family
4,575
Businesses
2,196
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Listed by: Andrew Verdi • Coldwell Banker Realty
Mls Name: BeachesMLS
Mls ID: #F10541905