3651 Environ Blvd APT 256Fort LauderdaleFL33319
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Fort Lauderdale at 3651 Environ Blvd APT 256, Fort Lauderdale, FL, 33319 generates $1,367/mo in rent and, after a $979/mo payment, leaves $40/mo in cash flow. Total monthly income is $1,367/mo, and annual cash flow is $476/yr on $66,300 invested. Return on cash invested sits at 20.63% in year one, and rental yield is 8.2% on a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 107.31% and total cumulative return in cash sums $71,144. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,367/mo property income rather than buyer’s personal income.
Condo
Built in 1975
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: Regine Mercier • The Keyes Company
Mls Name: MIAMI
Mls ID: #A11924824