3820 SW 16th StFort LauderdaleFL33312
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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 3820 SW 16th St, Fort Lauderdale, FL, 33312 uses $172,725 cash to close to unlock $11,767/yr annual cash flow and $981/mo monthly cash flow. Total monthly income runs $4,465/mo, and a $2,570/mo payment keeps the spread at $981/mo. Purchase price stands at $525,000, and rental yield measures 10.21% with $4,465/mo rent. Return on cash invested shows 26.87% in year one, and 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 140.75% and total cumulative return in cash records $243,105. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,465/mo property income covering a $2,570/mo payment rather than investor’s personal income.
Single Family
Built in 1954
8,426 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33312, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,901 (100%) |
| Owner Occupied HU | 11,493 (52.5%) |
| Renter Occupied HU | 8,606 (39.3%) |
| Vacant Housing Units | 1,802 ( 8.2%) |
| Median Home Value | $496,219 |
| Average Home Value | $602,182 |
Housing Distribution
Address Breakdown
Residential
20,452
Single Family
15,849
Multi-Family
4,603
Businesses
1,991
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Listed by: Alejandro Leiva • United Realty Group Inc
Mls Name: MIAMI
Mls ID: #A11914868