428 NW 70th Ave APT 137PlantationFL33317
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFinancing efficiency matters for international buyers, and 428 NW 70th Ave APT 137, Plantation, FL, 33317 in Plantation offers it: the 2.16 DSCR gives Ziffy Mortgage's underwriting team an unusually clean file, no U.S. credit, no personal income required. Rental yield 11.69%. Long-term, 5% appreciation is forecast to add $77,083, and $2,570/yr in principal paydown compounds equity steadily. Projected five-year cumulative return: $162,056.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 5.5% |
| Monthly Cash Flow | $(39) | $250 |
City averages based on Plantation market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,717 |
| Total Monthly Debt Service | $1,740 |
| DSCR Ratio | 1.56x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1972
N/A 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
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
Condo
Built in 1972
N/A 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: N/A • N/A
Mls Name: MIAMI
Mls ID: #A11922827