2609 NE 29th CtFort LauderdaleFL33306
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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 2609 NE 29th Ct, Fort Lauderdale, FL, 33306 generates $7,720/mo in rent, after a $6,162/mo payment. Total monthly income is $7,720/mo. Return on cash invested sits at 17.24% in year one, and rental yield is 7.36% on a $1,259,000 entry. Equity gained on principal adds $8,124/yr, while 5% annual appreciation builds toward $347,838 over five years. Five-year ROI reaches 89.51% and total cumulative return in cash sums $365,131. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,720/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
9,673 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Julie Jones • Douglas Elliman
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10455203
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.