379 Lakeview Dr APT 205Fort 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 379 Lakeview Dr APT 205, Fort Lauderdale, FL, 33326 uses $101,074 cash to close to unlock $12,300/yr annual cash flow and $1,025/mo monthly cash flow. Total monthly income runs $3,048/mo, and a $1,492/mo payment keeps the spread at $1,025/mo. Purchase price stands at $304,900, and rental yield measures 12% with $3,048/mo rent. Return on cash invested shows 32.08% in year one, and 5% annual appreciation builds toward $84,238 over five years. Five-year ROI reaches 168.67% and total cumulative return in cash records $170,486. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,048/mo property income covering a $1,492/mo payment rather than investor’s personal income.
Condo
Built in 1981
N/A lot
$N/A/sqft
No 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: Carlos Jimenez • CJ Realty Group, LLC.
Mls Name: MIAMI
Mls ID: #A11948098