3280 Cypress Creek DrLauderdale By The SeaFL33062
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 Lauderdale By The Sea at 3280 Cypress Creek Dr, Lauderdale By The Sea, FL, 33062 generates $5,888/mo in rent, after a $6,363/mo payment. Total monthly income is $5,888/mo. Return on cash invested sits at 12.57% in year one, and rental yield is 5.44% on a $1,300,000 entry. Equity gained on principal adds $8,389/yr, while 5% annual appreciation builds toward $359,166 over five years. Five-year ROI reaches 63.96% and total cumulative return in cash sums $269,415. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,888/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
9,949 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33062, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,706 (100%) |
| Owner Occupied HU | 10,288 (45.3%) |
| Renter Occupied HU | 4,064 (17.9%) |
| Vacant Housing Units | 8,354 (36.8%) |
| Median Home Value | $720,313 |
| Average Home Value | $825,817 |
Housing Distribution
Address Breakdown
Residential
19,868
Single Family
4,923
Multi-Family
14,945
Businesses
968
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Taryn Bushong • DeBianchi Real Estate, LLC
Mls Name: BeachesMLS
Mls ID: #F10529319