2986 S University Dr APT 8101Fort LauderdaleFL33328
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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 2986 S University Dr APT 8101, Fort Lauderdale, FL, 33328 earns $790/mo cash flow from $2,615/mo rent with a $1,346/mo payment. Total monthly income totals $2,615/mo, and annual cash flow totals $9,480/yr on $91,163 capital. ROI tracks 30.31% on current figures, and rental yield reads 11.41% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 159.25% and total cumulative return in cash sums $145,175. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,615/mo property income instead of your personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33328, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,529 (100%) |
| Owner Occupied HU | 8,146 (77.4%) |
| Renter Occupied HU | 2,072 (19.7%) |
| Vacant Housing Units | 311 ( 3.0%) |
| Median Home Value | $612,809 |
| Average Home Value | $671,315 |
Housing Distribution
Address Breakdown
Residential
10,504
Single Family
8,704
Multi-Family
1,800
Businesses
780
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Listed by: Altagrace Chatelier • Yaffe International Realty
Mls Name: MIAMI
Mls ID: #A11941484