4221 NW 16th AveOakland ParkFL33309
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 Oakland Park at 4221 NW 16th Ave, Oakland Park, FL, 33309 generates $2,829/mo in rent, after a $2,276/mo payment. Total monthly income is $2,829/mo. Return on cash invested sits at 17.91% in year one, and rental yield is 7.3% on a $465,000 entry. Equity gained on principal adds $3,001/yr, while 5% annual appreciation builds toward $128,471 over five years. Five-year ROI reaches 92.72% and total cumulative return in cash sums $142,931. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,829/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
7,505 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33309, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,194 (100%) |
| Owner Occupied HU | 9,384 (57.9%) |
| Renter Occupied HU | 5,818 (35.9%) |
| Vacant Housing Units | 992 ( 6.1%) |
| Median Home Value | $401,519 |
| Average Home Value | $475,097 |
Housing Distribution
Address Breakdown
Residential
15,277
Single Family
11,083
Multi-Family
4,194
Businesses
2,822
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tara Quailey-Van Vurst • Douglas Elliman
Mls Name: BeachesMLS
Mls ID: #F10521446