3000 NE 16th Ave APT 209Oakland ParkFL33334
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
Total monthly income runs $1,631/mo, and a $1,150/mo payment. Purchase price stands at $235,000, and rental yield measures 8.33% with $1,631/mo rent. Return on cash invested shows 15.39% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 81.25% and total cumulative return in cash records $63,292. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,631/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Condo
Built in 1965
N/A lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33334, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,055 (100%) |
| Owner Occupied HU | 7,362 (48.9%) |
| Renter Occupied HU | 6,304 (41.9%) |
| Vacant Housing Units | 1,389 ( 9.2%) |
| Median Home Value | $551,236 |
| Average Home Value | $594,118 |
Housing Distribution
Address Breakdown
Residential
14,115
Single Family
9,540
Multi-Family
4,575
Businesses
2,196
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Yulia Gomboeva • Core Realty Associates, Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11842024
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.