2720 N Pine Island Rd #212Fort LauderdaleFL33322
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
Investment Highlights
Rental property for sale in Fort Lauderdale at 2720 N Pine Island Rd #212, Fort Lauderdale, FL, 33322 generates $909/mo in rent and, after a $563/mo payment, leaves $146/mo in cash flow. Total monthly income is $909/mo, and annual cash flow is $1,749/yr on $38,123 invested. Return on cash invested sits at 24.5% in year one, and rental yield is 9.49% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 128.07% and total cumulative return in cash sums $48,825. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $909/mo property income rather than buyer’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nikolas Marulis • RE/MAX First
Mls Name: BeachesMLS
Mls ID: #F10543572