4090 NW 42nd Ave #309Fort LauderdaleFL33319
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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 4090 NW 42nd Ave #309, Fort Lauderdale, FL, 33319 earns $175/mo cash flow from $1,037/mo rent with a $636/mo payment. Total monthly income totals $1,037/mo, and annual cash flow totals $2,097/yr on $43,062 capital. ROI tracks 24.78% on current figures, and rental yield reads 9.58% at a $129,900 purchase. Equity gained on principal adds $838/yr, and 5% annual appreciation supports $35,889 over five years. Five-year ROI reaches 129.57% and total cumulative return in cash sums $55,795. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,037/mo property income instead of your personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33319, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,450 (100%) |
| Owner Occupied HU | 14,360 (56.4%) |
| Renter Occupied HU | 7,438 (29.2%) |
| Vacant Housing Units | 3,652 (14.3%) |
| Median Home Value | $302,525 |
| Average Home Value | $390,507 |
Housing Distribution
Address Breakdown
Residential
23,347
Single Family
10,786
Multi-Family
12,561
Businesses
988
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Listed by: Andre Barrett • EXP Realty LLC
Mls Name: BeachesMLS
Mls ID: #F10535318