




A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Lauderdale Lakes at 4233 NW 38th Ave, Lauderdale Lakes, FL, 33309 offers a 10.79% rental yield on a $530,000 purchase with $4,766/mo rent. Total monthly income registers $4,766/mo, and a $2,594/mo payment leaves $1,249/mo available for distribution. Annual cash flow reaches $14,987/yr on $174,370 to close, and return on cash invested stands at 28.66% in year one. Equity gained on principal adds $3,420/yr while 5% annual appreciation supports $146,429 over five years. Portfolio math shows five-year ROI at 150.29% and total cumulative return in cash at $262,063. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,766/mo property income against a $2,594/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
6,589 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33309, Fort Lauderdale, FL area.
| 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 |
Residential
15,277
Single Family
11,083
Multi-Family
4,194
Businesses
2,822
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Glen Gilzean • Beachfront Realty Inc
Mls Name: MIAMI
Mls ID: #A11894713