2800 E Sunrise Blvd #5CFort LauderdaleFL33304
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 2800 E Sunrise Blvd #5C, Fort Lauderdale, FL, 33304 generates $4,835/mo in rent and, after a $3,128/mo payment, leaves $594/mo in cash flow. Total monthly income is $4,835/mo, and annual cash flow is $7,129/yr on $210,231 invested. Return on cash invested sits at 23.45% in year one, and rental yield is 9.08% on a $639,000 entry. Equity gained on principal adds $4,123/yr, while 5% annual appreciation builds toward $176,544 over five years. Five-year ROI reaches 122.41% and total cumulative return in cash sums $257,344. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,835/mo property income rather than buyer’s personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33304, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,109 (100%) |
| Owner Occupied HU | 5,379 (35.6%) |
| Renter Occupied HU | 6,993 (46.3%) |
| Vacant Housing Units | 2,737 (18.1%) |
| Median Home Value | $733,600 |
| Average Home Value | $905,136 |
Housing Distribution
Address Breakdown
Residential
12,657
Single Family
4,624
Multi-Family
8,033
Businesses
1,074
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chris Williams • RE/MAX Preferred
Mls Name: BeachesMLS
Mls ID: #F10532915