4007 NW 87th Ave #4007Fort 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
Investment property for sale in Fort Lauderdale at 4007 NW 87th Ave #4007, Fort Lauderdale, FL, 33351 earns $192/mo cash flow from $1,386/mo rent with a $881/mo payment. Total monthly income totals $1,386/mo, and annual cash flow totals $2,298/yr on $59,670 capital. ROI tracks 23.76% on current figures, and rental yield reads 9.24% at a $180,000 purchase. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 over five years. Five-year ROI reaches 124.13% and total cumulative return in cash sums $74,069. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,386/mo property income instead of your personal income.
Condo
Built in 1985
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: Natasha Olsak • Florida Brokers Real Estate
Mls Name: MIAMI
Mls ID: #A11881019