501 SE 6th AveFort LauderdaleFL33301
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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 Fort Lauderdale at 501 SE 6th Ave, Fort Lauderdale, FL, 33301 offers $2,839/mo rent that, after a $4,244/mo payment. Total monthly income is $2,839/mo. Return on cash invested measures 7.8% in year one, and rental yield stands at 3.93% at a $867,000 entry. Equity gained on principal adds $5,595/yr while 5% annual appreciation compounds into $239,536 by year five. Five-year ROI records 38.44% and total cumulative return in cash reaches $109,651. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,839/mo property income versus a $4,244/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33301, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,200 (100%) |
| Owner Occupied HU | 4,658 (27.1%) |
| Renter Occupied HU | 9,032 (52.5%) |
| Vacant Housing Units | 3,510 (20.4%) |
| Median Home Value | $888,968 |
| Average Home Value | $1,108,483 |
Housing Distribution
Address Breakdown
Residential
15,368
Single Family
3,636
Multi-Family
11,732
Businesses
1,279
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Listed by: N/A • OceanLand
Mls Name: OceanLand
Mls ID: #N/A