511 SE 5th Ave UNIT 2020Fort 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
Investment property for sale in Fort Lauderdale at 511 SE 5th Ave UNIT 2020, Fort Lauderdale, FL, 33301 offers a 9.7% rental yield on a $425,000 purchase with $3,436/mo rent. 18% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 101.7% and total cumulative return in cash at $143,285. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,436/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2005
N/A lot
$N/A/sqft
$667 monthly 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: Zorka Dobreva • One Sotheby's Int'l Realty
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10451463
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.