400 Commodore Dr APT 108Fort LauderdaleFL33325
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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 400 Commodore Dr APT 108, Fort Lauderdale, FL, 33325 offers a 11.9% rental yield on a $275,000 purchase with $2,728/mo rent. Total monthly income registers $2,728/mo, and a $1,346/mo payment leaves $903/mo available for distribution. Annual cash flow reaches $10,836/yr on $91,163 to close, and return on cash invested stands at 31.8% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 167.21% and total cumulative return in cash at $152,435. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,728/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33325, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,896 (100%) |
| Owner Occupied HU | 8,406 (77.1%) |
| Renter Occupied HU | 2,195 (20.1%) |
| Vacant Housing Units | 295 ( 2.7%) |
| Median Home Value | $538,793 |
| Average Home Value | $543,740 |
Housing Distribution
Address Breakdown
Residential
10,784
Single Family
8,985
Multi-Family
1,799
Businesses
416
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Listed by: Carlton Rowand • Canvas Real Estate
Mls Name: MIAMI
Mls ID: #A11915548