520 SE 5th Ave APT 3209Fort LauderdaleFL33301
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 520 SE 5th Ave APT 3209, Fort Lauderdale, FL, 33301 listed at $403,000 pairs $4,007/mo rent with a $1,972/mo payment to leave $1,333/mo cash flow. Total monthly income runs $4,007/mo, and annual cash flow reaches $15,997/yr on $133,595 cash to close. Return on cash invested measures 31.88% in year one, and rental yield registers 11.93% at a $403,000 basis. Equity gained on principal adds $2,600/yr, and annual property appreciation at 5% supports $111,341 by year five. Five-year ROI tracks 167.66% and total cumulative return in cash totals $223,990. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,007/mo property income relative to a $1,972/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2006
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Steven Landau • Landau Realty Group
Mls Name: MIAMI
Mls ID: #A11942102