3016 NE 21st Ter #3016Fort LauderdaleFL33306
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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 3016 NE 21st Ter #3016, Fort Lauderdale, FL, 33306 listed at $395,000 pairs $4,382/mo rent with a $1,933/mo payment to leave $1,761/mo cash flow. Total monthly income runs $4,382/mo, and annual cash flow reaches $21,132/yr on $130,943 cash to close. Return on cash invested measures 36.05% in year one, and rental yield registers 13.31% at a $395,000 basis. Equity gained on principal adds $2,549/yr, and annual property appreciation at 5% supports $109,131 by year five. Five-year ROI tracks 189.99% and total cumulative return in cash totals $248,778. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,382/mo property income relative to a $1,933/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1996
N/A lot
$N/A/sqft
No HOA
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Listed by: Michael Guay • Alure Capital
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11834964
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