2829 NE 33rd Ct APT 506,Fort Lauderdale,FL,33306

Investment Highlights

Investment property for sale in Fort Lauderdale at 2829 NE 33rd Ct APT 506, Fort Lauderdale, FL, 33306 listed at $395,000 pairs $3,847/mo rent with a $1,933/mo payment to leave $1,226/mo cash flow. Total monthly income runs $3,847/mo, and annual cash flow reaches $14,712/yr on $130,943 cash to close. Return on cash invested measures 31.14% in year one, and rental yield registers 11.69% at a $395,000 basis. Equity gained on principal adds $2,549/yr, and annual property appreciation at 5% supports $109,131 by year five. Five-year ROI tracks 163.72% and total cumulative return in cash totals $214,374. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,847/mo property income relative to a $1,933/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).