3239 NW 44th Street #3Oakland ParkFL33309
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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 Oakland Park at 3239 NW 44th Street #3, Oakland Park, FL, 33309 offers a 10.24% rental yield on a $410,000 purchase with $3,500/mo rent. Total monthly income registers $3,500/mo, and a $2,007/mo payment leaves $779/mo available for distribution. Annual cash flow reaches $9,347/yr on $135,915 to close, and return on cash invested stands at 26.79% in year one. Equity gained on principal adds $2,646/yr while 5% annual appreciation supports $113,275 over five years. Portfolio math shows five-year ROI at 140.29% and total cumulative return in cash at $190,679. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,500/mo property income against a $2,007/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1994
1,913 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33309, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,194 (100%) |
| Owner Occupied HU | 9,384 (57.9%) |
| Renter Occupied HU | 5,818 (35.9%) |
| Vacant Housing Units | 992 ( 6.1%) |
| Median Home Value | $401,519 |
| Average Home Value | $475,097 |
Housing Distribution
Address Breakdown
Residential
15,277
Single Family
11,083
Multi-Family
4,194
Businesses
2,822
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Listed by: Garth Cole • LoKation
Mls Name: BeachesMLS
Mls ID: #RX-11158325