497 NW 47th Ct, Oakland Park, FL, 33309 | $1,100/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

497 NW 47th Ct, Oakland Park, FL, 33309 | $1,100/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

Investment Property+ 1 more

2 Bed
1 Bath
959 sft

2000 NW 33rd Court, Oakland Park, FL, 33309

3 Bed
3 Bath
1680 sft

16856 SW 1st Pl #16856, Hollywood, FL, 33027

4 Bed
2 Bath
1302 sft

2241 N 57th Way, Hollywood, FL, 33021

3 Bed
2 Bath
1528 sft

3601 NW 40th Street, Fort Lauderdale, FL, 33309

Nearby investment properties with comparable prices

2 Bed
2 Bath
920 sft

2000 Metropica Way #907, Fort Lauderdale, FL, 33323

Investment Property+ 1 more

3 Bed
1 Bath
1367 sft

1506 NW 17th St, Fort Lauderdale, FL, 33311

5 Bed
2 Bath
1600 sft

1137 NW 16th Ct, Fort Lauderdale, FL, 33311

2 Bed
2 Bath
1023 sft

891 NW 34th Ter, Lauderhill, FL, 33311

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Oakland Park at 497 NW 47th Ct, Oakland Park, FL, 33309 uses $149,175 cash to close to unlock $13,203/yr annual cash flow and $1,100/mo monthly cash flow. Total monthly income runs $4,087/mo, and a $2,203/mo payment keeps the spread at $1,100/mo. Purchase price stands at $450,000, and rental yield measures 10.9% with $4,087/mo rent. Return on cash invested shows 28.76% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 150.91% and total cumulative return in cash records $225,114. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,087/mo property income covering a $2,203/mo payment rather than investor’s personal income.

Single Family

Built in 1958

5,113 sqft lot

$N/A/sqft

No HOA

More details about the property

3 bed 1.5 bath home on corner lot. Third bedroom is a flex-room so can also be used as a den, family room or game room. Roof replaced in 2024. Trane Central A/C is 3 years old. This offers character, craftsmanship, and price that newer builds cant match. Many older homes feature solid construction, real wood materials, and architectural details that add timeless charm. This home is located in an established neighborhood with mature trees, larger lots, and a sense of community thats hard to find in new developments. For buyers who enjoy creativity, an older home can be a great opportunity to personalize and build equity through updates or renovations. With the right vision and care, an older home becomes not just a purchasebut a rewarding project and a piece of proud home ownership.

Neighborhood Data

Neighborhood data shown for ZIP Code: 33309, Fort Lauderdale, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,194 (100%)
Owner Occupied HU	9,384 (57.9%)
Renter Occupied HU	5,818 (35.9%)
Vacant Housing Units	992 ( 6.1%)
Median Home Value	$401,519
Average Home Value	$475,097