3639 NW 83rd LnFort 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 3639 NW 83rd Ln, Fort Lauderdale, FL, 33351 uses $107,704 cash to close to unlock $922/yr annual cash flow and $77/mo monthly cash flow. Total monthly income runs $2,632/mo, and a $1,590/mo payment keeps the spread at $77/mo. Purchase price stands at $324,900, and rental yield measures 9.72% with $2,632/mo rent. Return on cash invested shows 20.77% in year one, and 5% annual appreciation builds toward $89,764 over five years. Five-year ROI reaches 109.62% and total cumulative return in cash records $118,061. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,632/mo property income covering a $1,590/mo payment rather than investor’s personal income.
Condo
Built in 1990
N/A lot
$N/A/sqft
$275 monthly HOA
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
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Listed by: Luisa Vargas • Realty One Group Estates
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11871253
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.