3710 N Pine Island Rd #320Fort 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
Rental property for sale in Fort Lauderdale at 3710 N Pine Island Rd #320, Fort Lauderdale, FL, 33351 generates $1,431/mo in rent and, after a $901/mo payment, leaves $210/mo in cash flow. Total monthly income is $1,431/mo, and annual cash flow is $2,514/yr on $60,996 invested. Return on cash invested sits at 24.03% in year one, and rental yield is 9.33% on a $184,000 entry. Equity gained on principal adds $1,187/yr, while 5% annual appreciation builds toward $50,836 over five years. Five-year ROI reaches 125.58% and total cumulative return in cash sums $76,597. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,431/mo property income rather than buyer’s personal income.
Condo
Built in 1981
N/A lot
$N/A/sqft
No 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: Rosibel Rodriguez • Mari Real Estate & Management Group, Inc
Mls Name: MIAMI
Mls ID: #A11905305