2717 NE 29th StFort LauderdaleFL33306
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Fort Lauderdale at 2717 NE 29th St, Fort Lauderdale, FL, 33306 projects strong ROI of -2.34%. Rental yield 0.9%. With 5% annual appreciation, the property builds $1,602,433 in value over five years. Equity growth combined delivers a projected five-year ROI of 0.91%, translating into $14,917 in total cumulative return on $1,638,500 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0.9% | 5.8% |
| Monthly Cash Flow | $(34,119) | $1,850 |
City averages based on Fort Lauderdale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,370 |
| Total Monthly Debt Service | $36,182 |
| DSCR Ratio | 0.12x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
10,001 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2025
10,001 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Keila Castro • EXP Realty LLC
Mls Name: BeachesMLS
Mls ID: #F10542100