417 NW 9th AveFort LauderdaleFL33311
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 417 NW 9th Ave, Fort Lauderdale, FL, 33311 priced at $615,000 pairs $4,391/mo rent with $274/mo cash flow after a $3,010/mo payment. Total monthly income equals $4,391/mo, and annual cash flow comes to $3,288/yr on $202,335 invested. Return on cash invested is 21.69% in year one, and rental yield stands at 8.57% on a $615,000 basis. Equity gained on principal adds $3,969/yr, and 5% annual appreciation accumulates to $169,913 by year five. Five-year ROI measures 113% and total cumulative return in cash reaches $228,629. For financing, Ziffy Mortgage’s DSCR program evaluates $4,391/mo property income against a $3,010/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2018
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33311, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,271 (100%) |
| Owner Occupied HU | 10,998 (40.3%) |
| Renter Occupied HU | 14,421 (52.9%) |
| Vacant Housing Units | 1,852 ( 6.8%) |
| Median Home Value | $362,464 |
| Average Home Value | $412,448 |
Housing Distribution
Address Breakdown
Residential
25,408
Single Family
19,202
Multi-Family
6,206
Businesses
2,571
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lourdes Maestres • Compass Florida, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11706345
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.