4441 NW 16th St APT J301Fort LauderdaleFL33313
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 Fort Lauderdale at 4441 NW 16th St APT J301, Fort Lauderdale, FL, 33313 earns $160/mo cash flow from $1,123/mo rent with a $710/mo payment. Total monthly income totals $1,123/mo, and annual cash flow totals $1,926/yr on $48,068 capital. ROI tracks 23.91% on current figures, and rental yield reads 9.29% at a $145,000 purchase. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 over five years. Five-year ROI reaches 124.97% and total cumulative return in cash sums $60,068. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,123/mo property income instead of your personal income.
Condo
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33313, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,584 (100%) |
| Owner Occupied HU | 10,165 (41.3%) |
| Renter Occupied HU | 12,317 (50.1%) |
| Vacant Housing Units | 2,102 ( 8.6%) |
| Median Home Value | $275,847 |
| Average Home Value | $312,425 |
Housing Distribution
Address Breakdown
Residential
24,113
Single Family
12,330
Multi-Family
11,783
Businesses
1,258
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Annie Lavallee • RE/MAX 5 Star Realty
Mls Name: MIAMI
Mls ID: #A11864198