4725 SW 62nd Ave APT 103Fort LauderdaleFL33314
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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
Investment property for sale in Fort Lauderdale at 4725 SW 62nd Ave APT 103, Fort Lauderdale, FL, 33314 earns $392/mo cash flow from $2,742/mo rent with a $1,150/mo payment. Total monthly income totals $2,742/mo, and annual cash flow totals $4,708/yr on $77,903 capital. ROI tracks 25.95% on current figures, and rental yield reads 14% at a $235,000 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 over five years. Five-year ROI reaches 140.29% and total cumulative return in cash sums $109,288. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,742/mo property income instead of your personal income.
Condo
Built in 1993
N/A lot
$N/A/sqft
$628 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33314, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,186 (100%) |
| Owner Occupied HU | 4,850 (36.8%) |
| Renter Occupied HU | 7,391 (56.1%) |
| Vacant Housing Units | 945 ( 7.2%) |
| Median Home Value | $469,161 |
| Average Home Value | $548,246 |
Housing Distribution
Address Breakdown
Residential
11,668
Single Family
6,983
Multi-Family
4,685
Businesses
1,569
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Listed by: Orestes David Canales • The Keyes Company
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11868585
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.