433 NW 15th WayFort LauderdaleFL33311
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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 433 NW 15th Way, Fort Lauderdale, FL, 33311 generates $2,754/mo in rent, after a $2,374/mo payment. Total monthly income is $2,754/mo. Return on cash invested sits at 16.44% in year one, and rental yield is 6.81% on a $484,999 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation builds toward $133,996 over five years. Five-year ROI reaches 84.83% and total cumulative return in cash sums $136,394. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,754/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
5,649 sqft 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
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Listed by: Roger Alves • Dalton Wade Inc
Mls Name: BeachesMLS
Mls ID: #F10537386