3531 NW 50th Ave #512Lauderdale LakesFL33319
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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 Lauderdale Lakes at 3531 NW 50th Ave #512, Lauderdale Lakes, FL, 33319 uses $33,150 cash to close to unlock $1,210/yr annual cash flow and $101/mo monthly cash flow. Total monthly income runs $764/mo, and a $489/mo payment keeps the spread at $101/mo. Purchase price stands at $100,000, and rental yield measures 9.17% with $764/mo rent. Return on cash invested shows 23.56% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 123.02% and total cumulative return in cash records $40,780. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $764/mo property income covering a $489/mo payment rather than investor’s personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
No 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: Yolaine Bouchard • United Realty Group Inc
Mls Name: BeachesMLS
Mls ID: #F10542387