34 Meacham LnTamaracFL33319
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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
Rental property for sale in Tamarac at 34 Meacham Ln, Tamarac, FL, 33319 offers $1,895/mo rent that, after a $1,346/mo payment. Total monthly income is $1,895/mo. Return on cash invested measures 11.08% in year one, and rental yield stands at 8.27% at a $275,000 entry. Equity gained on principal adds $1,775/yr while 5% annual appreciation compounds into $75,977 by year five. Five-year ROI records 59.65% and total cumulative return in cash reaches $54,383. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,895/mo property income versus a $1,346/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1974
N/A lot
$N/A/sqft
$450 monthly 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: Damon Penn PA • EXP Realty, LLC.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11677438
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.