3048 NW 113th AveSunriseFL33323
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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
Rental property for sale in Sunrise at 3048 NW 113th Ave, Sunrise, FL, 33323 generates $3,157/mo in rent, after a $2,540/mo payment. Total monthly income is $3,157/mo. Return on cash invested sits at 18.04% in year one, and rental yield is 7.3% on a $519,000 entry. Equity gained on principal adds $3,349/yr, while 5% annual appreciation builds toward $143,390 over five years. Five-year ROI reaches 93.42% and total cumulative return in cash sums $159,513. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,157/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
8,563 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33323, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,605 (100%) |
| Owner Occupied HU | 6,072 (63.2%) |
| Renter Occupied HU | 2,716 (28.3%) |
| Vacant Housing Units | 817 ( 8.5%) |
| Median Home Value | $535,546 |
| Average Home Value | $594,867 |
Housing Distribution
Address Breakdown
Residential
8,733
Single Family
6,145
Multi-Family
2,588
Businesses
788
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