3220 Bayview Drive #115, Fort Lauderdale, FL, 33306 | $106/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Fort Lauderdale at 3220 Bayview Drive #115, Fort Lauderdale, FL, 33306 uses $75,914 cash to close to unlock $1,274/yr annual cash flow and $106/mo monthly cash flow. Total monthly income runs $1,626/mo, and a $1,121/mo payment keeps the spread at $106/mo. Purchase price stands at $229,000, and rental yield measures 8.52% with $1,626/mo rent. Return on cash invested shows 21.59% in year one, and 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 112.49% and total cumulative return in cash records $85,397. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,626/mo property income covering a $1,121/mo payment rather than investor’s personal income.

Condo

Built in 1962

N/A lot

$N/A/sqft

No HOA