2662 W Abiaca CirFort LauderdaleFL33328
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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
Total monthly income runs $3,997/mo, and a $5,384/mo payment. Purchase price stands at $1,100,000, and rental yield measures 4.36% with $3,997/mo rent. Return on cash invested shows 8.78% in year one, and 5% annual appreciation builds toward $303,910 over five years. Five-year ROI reaches 43.84% and total cumulative return in cash records $156,235. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,997/mo property income covering a $5,384/mo payment rather than investor’s personal income.
Single Family
Built in 1998
9,143 sqft lot
$N/A/sqft
$420 quarterly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 33328, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,529 (100%) |
| Owner Occupied HU | 8,146 (77.4%) |
| Renter Occupied HU | 2,072 (19.7%) |
| Vacant Housing Units | 311 ( 3.0%) |
| Median Home Value | $612,809 |
| Average Home Value | $671,315 |
Housing Distribution
Address Breakdown
Residential
10,504
Single Family
8,704
Multi-Family
1,800
Businesses
780
Price History
Date | Event | Price |
|---|---|---|
| 2024-08-15 | Sold | $895,000 |
| 2024-07-14 | Pending sale | $915,000 |
| 2024-07-08 | Contingent | $915,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-04 | $7306.79 | 2.11% | $371,950 | 3.00% |
| 2023-07-04 | $7156.05 | 6.73% | $361,120 | 3.00% |
| 2022-07-04 | $6704.91 | 3.22% | $350,610 | 3.00% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1998
- Architectural Style: Ranch
- Building Area: N/A
- Living Area: 4,876 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Electric
- Cooling: Electric
- Flooring: Tile, Wood
- Interior Features: Entrance Foyer, Pantry, Split Bedroom, Volume Ceilings, Walk-In Closet(s)
- Exterior Features: Lighting
- Parking Features: Attached, Driveway, Garage Door Opener
Location
- City: Fort Lauderdale
- State: FL
- Subdivision: Forest Ridge Single Famil
- Lot Size: 9,143 sqft
- Lot Features: Less Than 1/4 Acre Lot
- View: Pool
HOA & Fees
- HOA Fee: $420 quarterly
- Association Fee: $420 quarterly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Cable Available
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Svetlana Voloshin • SVS Realty Group Inc
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10512243
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 2025 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.