3057 NW 109th Ave #3057Fort 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
Investment property for sale in Fort Lauderdale at 3057 NW 109th Ave #3057, Fort Lauderdale, FL, 33322 offers a 12.07% rental yield on a $365,000 purchase with $3,672/mo rent. Total monthly income registers $3,672/mo, and a $1,786/mo payment leaves $1,070/mo available for distribution. Annual cash flow reaches $12,843/yr on $120,998 to close, and return on cash invested stands at 30.52% in year one. Equity gained on principal adds $2,355/yr while 5% annual appreciation supports $100,843 over five years. Portfolio math shows five-year ROI at 161.03% and total cumulative return in cash at $194,839. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,672/mo property income against a $1,786/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
N/A lot
$N/A/sqft
$180 monthly HOA
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Listed by: Maria Downing PA • LoKation
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11838093
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.