4802 Queen Palm LnTamaracFL33319
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
Rental property for sale in Tamarac at 4802 Queen Palm Ln, Tamarac, FL, 33319 generates $6,162/mo in rent and, after a $3,298/mo payment, leaves $1,493/mo in cash flow. Total monthly income is $6,162/mo, and annual cash flow is $17,913/yr on $221,680 invested. Return on cash invested sits at 28.14% in year one, and rental yield is 10.97% on a $673,800 entry. Equity gained on principal adds $4,348/yr, while 5% annual appreciation builds toward $186,159 over five years. Five-year ROI reaches 147.93% and total cumulative return in cash sums $327,934. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,162/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
9,618 sqft lot
$N/A/sqft
$36 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33319, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,450 (100%) |
| Owner Occupied HU | 14,360 (56.4%) |
| Renter Occupied HU | 7,438 (29.2%) |
| Vacant Housing Units | 3,652 (14.3%) |
| Median Home Value | $302,525 |
| Average Home Value | $390,507 |
Housing Distribution
Address Breakdown
Residential
23,347
Single Family
10,786
Multi-Family
12,561
Businesses
988
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices