5004 SW 32nd WayFort LauderdaleFL33312
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 5004 SW 32nd Way, Fort Lauderdale, FL, 33312 uses $312,550 cash to close to unlock $459/yr annual cash flow and $38/mo monthly cash flow. Total monthly income runs $6,547/mo, and a $4,650/mo payment keeps the spread at $38/mo. Purchase price stands at $950,000, and rental yield measures 8.27% with $6,547/mo rent. Return on cash invested shows 20.21% in year one, and 5% annual appreciation builds toward $262,467 over five years. Five-year ROI reaches 105.29% and total cumulative return in cash records $329,078. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,547/mo property income covering a $4,650/mo payment rather than investor’s personal income.
Single Family
Built in 1996
6,364 sqft lot
$N/A/sqft
$140 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33312, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,901 (100%) |
| Owner Occupied HU | 11,493 (52.5%) |
| Renter Occupied HU | 8,606 (39.3%) |
| Vacant Housing Units | 1,802 ( 8.2%) |
| Median Home Value | $496,219 |
| Average Home Value | $602,182 |
Housing Distribution
Address Breakdown
Residential
20,452
Single Family
15,849
Multi-Family
4,603
Businesses
1,991
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joseph Brikman • Real Broker LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11707026
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.