3051 Sunrise Lakes Dr UNIT 311Fort LauderdaleFL33322
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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
Total monthly income runs $940/mo, and a $611/mo payment. Purchase price stands at $124,900, and rental yield measures 9.03% with $940/mo rent. Return on cash invested shows 5.75% in year one, and 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 33.87% and total cumulative return in cash records $14,026. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $940/mo property income covering a $611/mo payment rather than investor’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
$600 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Dawn Williams-Bobo • Prag Realtors
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10498846
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