4800 NE 13th TerOakland ParkFL33334
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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 Oakland Park at 4800 NE 13th Ter, Oakland Park, FL, 33334 generates $7,980/mo in rent and, after a $4,797/mo payment, leaves $1,476/mo in cash flow. Total monthly income is $7,980/mo, and annual cash flow is $17,714/yr on $322,420 invested. Return on cash invested sits at 25.55% in year one, and rental yield is 9.77% on a $980,000 entry. Equity gained on principal adds $6,324/yr, while 5% annual appreciation builds toward $270,756 over five years. Five-year ROI reaches 133.68% and total cumulative return in cash sums $431,004. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,980/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
8,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33334, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,055 (100%) |
| Owner Occupied HU | 7,362 (48.9%) |
| Renter Occupied HU | 6,304 (41.9%) |
| Vacant Housing Units | 1,389 ( 9.2%) |
| Median Home Value | $551,236 |
| Average Home Value | $594,118 |
Housing Distribution
Address Breakdown
Residential
14,115
Single Family
9,540
Multi-Family
4,575
Businesses
2,196
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Listed by: Jenny Lips • LoKation
Mls Name: MIAMI
Mls ID: #A11930334