2709 Center AveFort LauderdaleFL33308
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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 2709 Center Ave, Fort Lauderdale, FL, 33308 priced at $1,949,000 pairs $6,318/mo rent with after a $9,539/mo payment. Total monthly income equals $6,318/mo. Return on cash invested is 4.97% in year one, and rental yield stands at 3.89% on a $1,949,000 basis. Equity gained on principal adds $12,577/yr, and 5% annual appreciation accumulates to $538,473 by year five. Five-year ROI measures 24.23% and total cumulative return in cash reaches $153,027. For financing, Ziffy Mortgage’s DSCR program evaluates $6,318/mo property income against a $9,539/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1952
6,012 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33308, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,285 (100%) |
| Owner Occupied HU | 11,743 (48.4%) |
| Renter Occupied HU | 5,314 (21.9%) |
| Vacant Housing Units | 7,228 (29.8%) |
| Median Home Value | $710,489 |
| Average Home Value | $814,851 |
Housing Distribution
Address Breakdown
Residential
21,128
Single Family
6,376
Multi-Family
14,752
Businesses
1,456
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Listed by: Lourdes Maestres • Compass Florida, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11656044
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.