3301 NE 16th CtFort LauderdaleFL33305
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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 3301 NE 16th Ct, Fort Lauderdale, FL, 33305 projects strong ROI of 2.81%. Rental yield 2.61%. With 5% annual appreciation, the property builds $965,604 in value over five years. Equity growth combined delivers a projected five-year ROI of 12.04%, translating into $136,376 in total cumulative return on $1,132,380 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1986
7,327 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33305, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,982 (100%) |
| Owner Occupied HU | 4,074 (51.0%) |
| Renter Occupied HU | 2,665 (33.4%) |
| Vacant Housing Units | 1,243 (15.6%) |
| Median Home Value | $715,647 |
| Average Home Value | $889,149 |
Housing Distribution
Address Breakdown
Residential
6,902
Single Family
4,182
Multi-Family
2,720
Businesses
488
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Listed by: Leann Deuser • Douglas Elliman
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11721971
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.