3060 NE 4th AveFort LauderdaleFL33334
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
Rental property for sale in Fort Lauderdale at 3060 NE 4th Ave, Fort Lauderdale, FL, 33334 generates $4,601/mo in rent and, after a $2,932/mo payment, leaves $626/mo in cash flow. Total monthly income is $4,601/mo, and annual cash flow is $7,509/yr on $197,071 invested. Return on cash invested sits at 23.87% in year one, and rental yield is 9.22% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 124.64% and total cumulative return in cash sums $245,638. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,601/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
6,827 sqft lot
$N/A/sqft
No 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: Hanh Dinh • Compass Florida, LLC
Mls Name: MIAMI
Mls ID: #A11862237