3141 NW 47th Ter APT 322Fort LauderdaleFL33319
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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 3141 NW 47th Ter APT 322, Fort Lauderdale, FL, 33319 listed at $150,000 pairs $1,166/mo rent with a $734/mo payment to leave $171/mo cash flow. Total monthly income runs $1,166/mo, and annual cash flow reaches $2,049/yr on $49,725 cash to close. Return on cash invested measures 24.03% in year one, and rental yield registers 9.33% at a $150,000 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,442 by year five. Five-year ROI tracks 125.55% and total cumulative return in cash totals $62,430. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,166/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33319, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,450 (100%) |
| Owner Occupied HU | 14,360 (56.4%) |
| Renter Occupied HU | 7,438 (29.2%) |
| Vacant Housing Units | 3,652 (14.3%) |
| Median Home Value | $302,525 |
| Average Home Value | $390,507 |
Housing Distribution
Address Breakdown
Residential
23,347
Single Family
10,786
Multi-Family
12,561
Businesses
988
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Listed by: Moses Askew • Real Broker LLC
Mls Name: MIAMI
Mls ID: #A11853490