2900 NE 30th St #G-1Fort LauderdaleFL33306
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
Investment property for sale in Fort Lauderdale at 2900 NE 30th St #G-1, Fort Lauderdale, FL, 33306 offers a 10.98% rental yield on a $385,000 purchase with $3,522/mo rent. Total monthly income registers $3,522/mo, and a $1,884/mo payment leaves $967/mo available for distribution. Annual cash flow reaches $11,610/yr on $127,628 to close, and return on cash invested stands at 29.01% in year one. Equity gained on principal adds $2,484/yr while 5% annual appreciation supports $106,368 over five years. Portfolio math shows five-year ROI at 152.22% and total cumulative return in cash at $194,278. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,522/mo property income against a $1,884/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1964
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alfredo Olvera • RWE Real Estate Services
Mls Name: BeachesMLS
Mls ID: #F10529132