412 SE 22nd StFort LauderdaleFL33316
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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
Total monthly income runs $6,655/mo, and a $6,118/mo payment. Purchase price stands at $1,250,000, and rental yield measures 6.39% with $6,655/mo rent. Return on cash invested shows 15.51% in year one, and 5% annual appreciation builds toward $345,352 over five years. Five-year ROI reaches 79.75% and total cumulative return in cash records $323,005. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,655/mo property income covering a $6,118/mo payment rather than investor’s personal income.
Multi Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33316, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,837 (100%) |
| Owner Occupied HU | 4,013 (40.8%) |
| Renter Occupied HU | 3,445 (35.0%) |
| Vacant Housing Units | 2,379 (24.2%) |
| Median Home Value | $955,160 |
| Average Home Value | $1,128,986 |
Housing Distribution
Address Breakdown
Residential
8,599
Single Family
2,862
Multi-Family
5,737
Businesses
1,405
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Listed by: Carlos Montoya • Fidelity Real Estate Group LLC
Mls Name: BeachesMLS
Mls ID: #F10517819