415 E Oakland Park BlvdFort LauderdaleFL33324
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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
Rental property for sale in Fort Lauderdale at 415 E Oakland Park Blvd, Fort Lauderdale, FL, 33324 priced at $415,000 pairs $3,120/mo rent with $366/mo cash flow after a $2,031/mo payment. Total monthly income equals $3,120/mo, and annual cash flow comes to $4,395/yr on $137,573 invested. Return on cash invested is 23.1% in year one, and rental yield stands at 9.02% on a $415,000 basis. Equity gained on principal adds $2,678/yr, and 5% annual appreciation accumulates to $114,657 by year five. Five-year ROI measures 120.57% and total cumulative return in cash reaches $165,873. For financing, Ziffy Mortgage’s DSCR program evaluates $3,120/mo property income against a $2,031/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1957
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33324, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,031 (100%) |
| Owner Occupied HU | 11,966 (49.8%) |
| Renter Occupied HU | 10,499 (43.7%) |
| Vacant Housing Units | 1,566 ( 6.5%) |
| Median Home Value | $461,489 |
| Average Home Value | $552,528 |
Housing Distribution
Address Breakdown
Residential
23,679
Single Family
13,758
Multi-Family
9,921
Businesses
1,481
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Listed by: Meir Tenenbaum • Cardinal Realty Group, LLC.
Mls Name: MIAMI
Mls ID: #A11958268