2924 NW 55th Ave APT 2ALauderhillFL33313
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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 Lauderhill at 2924 NW 55th Ave APT 2A, Lauderhill, FL, 33313 earns $598/mo cash flow from $2,206/mo rent with a $739/mo payment. Total monthly income totals $2,206/mo, and annual cash flow totals $7,179/yr on $50,033 capital. ROI tracks 34.26% on current figures, and rental yield reads 17.54% at a $150,930 purchase. Equity gained on principal adds $974/yr, and 5% annual appreciation supports $41,699 over five years. Five-year ROI reaches 185.7% and total cumulative return in cash sums $92,914. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,206/mo property income instead of your personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
$598 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33313, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,584 (100%) |
| Owner Occupied HU | 10,165 (41.3%) |
| Renter Occupied HU | 12,317 (50.1%) |
| Vacant Housing Units | 2,102 ( 8.6%) |
| Median Home Value | $275,847 |
| Average Home Value | $312,425 |
Housing Distribution
Address Breakdown
Residential
24,113
Single Family
12,330
Multi-Family
11,783
Businesses
1,258
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