369 Lakeview Dr APT 102Fort LauderdaleFL33326
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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 369 Lakeview Dr APT 102, Fort Lauderdale, FL, 33326 uses $109,892 cash to close to unlock $497/yr annual cash flow and $41/mo monthly cash flow. Total monthly income runs $3,048/mo, and a $1,623/mo payment keeps the spread at $41/mo. Purchase price stands at $331,500, and rental yield measures 11.03% with $3,048/mo rent. Return on cash invested shows 20.36% in year one, and 5% annual appreciation builds toward $91,587 over five years. Five-year ROI reaches 109.07% and total cumulative return in cash records $119,858. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,048/mo property income covering a $1,623/mo payment rather than investor’s personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
$562 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33326, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,930 (100%) |
| Owner Occupied HU | 8,483 (65.6%) |
| Renter Occupied HU | 3,701 (28.6%) |
| Vacant Housing Units | 746 ( 5.8%) |
| Median Home Value | $597,124 |
| Average Home Value | $641,680 |
Housing Distribution
Address Breakdown
Residential
12,156
Single Family
10,140
Multi-Family
2,016
Businesses
1,366
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Listed by: Jesus Aguilera • Real Estate Authority LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11717410
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.