3140 SW 51st AvenueFort LauderdaleFL33314
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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 Fort Lauderdale at 3140 SW 51st Avenue, Fort Lauderdale, FL, 33314 generates $920/mo in rent and, after a $563/mo payment, leaves $157/mo in cash flow. Total monthly income is $920/mo, and annual cash flow is $1,881/yr on $38,123 invested. Return on cash invested sits at 24.84% in year one, and rental yield is 9.6% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 129.93% and total cumulative return in cash sums $49,533. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $920/mo property income rather than buyer’s personal income.
Manufactured
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33314, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,186 (100%) |
| Owner Occupied HU | 4,850 (36.8%) |
| Renter Occupied HU | 7,391 (56.1%) |
| Vacant Housing Units | 945 ( 7.2%) |
| Median Home Value | $469,161 |
| Average Home Value | $548,246 |
Housing Distribution
Address Breakdown
Residential
11,668
Single Family
6,983
Multi-Family
4,685
Businesses
1,569
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Listed by: Elida B. Brandao • Greener Globe Realty Group
Mls Name: BeachesMLS
Mls ID: #RX-11108170