4200 NW 2nd StPlantationFL33317
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
Investment property for sale in Plantation at 4200 NW 2nd St, Plantation, FL, 33317 listed at $519,950 pairs $4,272/mo rent with a $2,545/mo payment to leave $821/mo cash flow. Total monthly income runs $4,272/mo, and annual cash flow reaches $9,857/yr on $171,064 cash to close. Return on cash invested measures 25.82% in year one, and rental yield registers 9.86% at a $519,950 basis. Equity gained on principal adds $3,355/yr, and annual property appreciation at 5% supports $143,653 by year five. Five-year ROI tracks 135.12% and total cumulative return in cash totals $231,139. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,272/mo property income relative to a $2,545/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1957
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33317, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,833 (100%) |
| Owner Occupied HU | 9,685 (70.0%) |
| Renter Occupied HU | 3,561 (25.7%) |
| Vacant Housing Units | 587 ( 4.2%) |
| Median Home Value | $510,767 |
| Average Home Value | $531,472 |
Housing Distribution
Address Breakdown
Residential
13,542
Single Family
10,842
Multi-Family
2,700
Businesses
1,119
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cesar Pareja P.A • RE/MAX Royale
Mls Name: MIAMI
Mls ID: #A11873629