3571 NW 95th Ter UNIT 707Fort LauderdaleFL33351
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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 3571 NW 95th Ter UNIT 707, Fort Lauderdale, FL, 33351 uses $102,765 cash to close to unlock $5,840/yr annual cash flow and $487/mo monthly cash flow. Total monthly income runs $3,318/mo, and a $1,517/mo payment keeps the spread at $487/mo. Purchase price stands at $310,000, and rental yield measures 12.84% with $3,318/mo rent. Return on cash invested shows 25.59% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 137.18% and total cumulative return in cash records $140,971. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,318/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Townhouse
Built in 1974
N/A lot
$N/A/sqft
$675 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 33351, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,003 (100%) |
| Owner Occupied HU | 8,001 (53.3%) |
| Renter Occupied HU | 6,211 (41.4%) |
| Vacant Housing Units | 791 ( 5.3%) |
| Median Home Value | $391,599 |
| Average Home Value | $435,789 |
Housing Distribution
Address Breakdown
Residential
14,164
Single Family
9,691
Multi-Family
4,473
Businesses
1,918
Price History
Date | Event | Price |
|---|---|---|
| 2024-12-05 | Price change | $310,000 |
| 2024-07-23 | Listed for sale | $325,000 |
| 2024-06-11 | Listing removed | N/A |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-25 | $3953.71 | 23.48% | $176,440 | 28.32% |
| 2022-12-25 | $3201.84 | 7.19% | $137,500 | 10.00% |
| 2021-12-25 | $2987.00 | 11.52% | $125,000 | 10.00% |
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Facts & Features
General Information
- Type: Townhouse
- Year Built: 1974
- Architectural Style: Old Spanish
- Building Area: N/A
- Living Area: 1,275 sqft
- Property Condition: As Is
Features & Amenities
- Heating: Central, Electric
- Cooling: Ceiling Fan(s), Central Air, Electric
- Flooring: Ceramic Tile
- Interior Features: N/A
- Exterior Features: Courtyard
- Parking Features: 2 Or More Spaces, Assigned, Open, No Rv/Boats, No Trucks/Trailers
Location
- City: Fort Lauderdale
- State: FL
- Subdivision: Origins At Welleby
- Lot Size: N/A
- Lot Features: N/A
- View: Canal, Tennis Court View, Water View
HOA & Fees
- HOA Fee: $675 monthly
- Association Fee: $675 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Cable Available
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: Welleby
- Middle School: Westpine
- High School: Piper
Listed by: Derek Olivier • One Market Real Estate LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10452476
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.