477 SpinnakerFort LauderdaleFL33326
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeA DSCR of 1.53 makes 477 Spinnaker, Fort Lauderdale, FL, 33326 in Fort Lauderdale one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 8.24%. The 8.24% yield, 5% annual appreciation ($260,395 over five years), and $8,681/yr in principal reduction project a total cumulative return of $317,436.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 5.8% |
| Monthly Cash Flow | $(713) | $1,850 |
City averages based on Fort Lauderdale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,474 |
| Total Monthly Debt Service | $6,812 |
| DSCR Ratio | 0.95x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Single Family
Built in 1990
8,321 sqft lot
$N/A/sqft
$492 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33326, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,930 (100%) |
| Owner Occupied HU | 8,483 (65.6%) |
| Renter Occupied HU | 3,701 (28.6%) |
| Vacant Housing Units | 746 ( 5.8%) |
| Median Home Value | $597,124 |
| Average Home Value | $641,680 |
Housing Distribution
Address Breakdown
Residential
12,156
Single Family
10,140
Multi-Family
2,016
Businesses
1,366
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
Single Family
Built in 1990
8,321 sqft lot
$N/A/sqft
$492 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33326, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,930 (100%) |
| Owner Occupied HU | 8,483 (65.6%) |
| Renter Occupied HU | 3,701 (28.6%) |
| Vacant Housing Units | 746 ( 5.8%) |
| Median Home Value | $597,124 |
| Average Home Value | $641,680 |
Housing Distribution
Address Breakdown
Residential
12,156
Single Family
10,140
Multi-Family
2,016
Businesses
1,366
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marisela Morales • Avanti Way Premiere
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11817165
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.