4880 NW 22nd St APT 211Fort 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 4880 NW 22nd St APT 211, Fort Lauderdale, FL, 33313 listed at $109,995 pairs $845/mo rent with a $538/mo payment. Total monthly income runs $845/mo. Return on cash invested measures 6.73% in year one, and rental yield registers 9.22% at a $109,995 basis. Equity gained on principal adds $710/yr, and annual property appreciation at 5% supports $30,390 by year five. Five-year ROI tracks 38.99% and total cumulative return in cash totals $14,218. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $845/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1971
N/A lot
$N/A/sqft
$425 monthly 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: Evandro Dos Santos • Canvas Real Estate
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11708098
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.