2964 NW 55th Ave APT 1AFort LauderdaleFL33313
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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 2964 NW 55th Ave APT 1A, Fort Lauderdale, FL, 33313 earns $143/mo cash flow from $1,038/mo rent with a $660/mo payment. Total monthly income totals $1,038/mo, and annual cash flow totals $1,717/yr on $44,719 capital. ROI tracks 23.75% on current figures, and rental yield reads 9.23% at a $134,900 purchase. Equity gained on principal adds $870/yr, and 5% annual appreciation supports $37,270 over five years. Five-year ROI reaches 124.12% and total cumulative return in cash sums $55,505. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,038/mo property income instead of your personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
No 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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Listed by: Javier Conde • Finka Realty Group, LLC
Mls Name: MIAMI
Mls ID: #A11889251