311 City View DrFort LauderdaleFL33311
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 311 City View Dr, Fort Lauderdale, FL, 33311 priced at $549,000 converts $3,266/mo rent into after a $2,687/mo obligation. Total monthly income equals $3,266/mo. Return on cash invested prints 17.55% in year one, and rental yield reads 7.14% against a $549,000 entry. Equity gained on principal adds $3,543/yr, while 5% annual appreciation compiles into $151,679 by year five. Five-year ROI reaches 90.77% and total cumulative return in cash sums $163,952. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,266/mo property income covering a $2,687/mo payment, not borrower’s personal income.
Townhouse
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33311, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,271 (100%) |
| Owner Occupied HU | 10,998 (40.3%) |
| Renter Occupied HU | 14,421 (52.9%) |
| Vacant Housing Units | 1,852 ( 6.8%) |
| Median Home Value | $362,464 |
| Average Home Value | $412,448 |
Housing Distribution
Address Breakdown
Residential
25,408
Single Family
19,202
Multi-Family
6,206
Businesses
2,571
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jonathan Minerick • HomeCoin.com
Mls Name: MIAMI
Mls ID: #A11944391