2801 NE 33rd Ct #206Fort LauderdaleFL33306
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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
Investment property for sale in Fort Lauderdale at 2801 NE 33rd Ct #206, Fort Lauderdale, FL, 33306 offers a 11.07% rental yield on a $249,000 purchase with $2,296/mo rent. Total monthly income registers $2,296/mo, and a $1,219/mo payment leaves $643/mo available for distribution. Annual cash flow reaches $7,720/yr on $82,544 to close, and return on cash invested stands at 29.26% in year one. Equity gained on principal adds $1,607/yr while 5% annual appreciation supports $68,794 over five years. Portfolio math shows five-year ROI at 153.63% and total cumulative return in cash at $126,812. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,296/mo property income against a $1,219/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1965
N/A lot
$N/A/sqft
No HOA
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Listed by: David Zimmerman Pa • Vista Mar Realty Group Inc.
Mls Name: BeachesMLS
Mls ID: #F10528288