5348 NE 6th Avenue #G11Fort LauderdaleFL33334
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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 5348 NE 6th Avenue #G11, Fort Lauderdale, FL, 33334 earns $186/mo cash flow from $1,115/mo rent with a $685/mo payment. Total monthly income totals $1,115/mo, and annual cash flow totals $2,234/yr on $46,410 capital. ROI tracks 24.72% on current figures, and rental yield reads 9.56% at a $139,999 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 over five years. Five-year ROI reaches 129.3% and total cumulative return in cash sums $60,010. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,115/mo property income instead of your personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33334, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,055 (100%) |
| Owner Occupied HU | 7,362 (48.9%) |
| Renter Occupied HU | 6,304 (41.9%) |
| Vacant Housing Units | 1,389 ( 9.2%) |
| Median Home Value | $551,236 |
| Average Home Value | $594,118 |
Housing Distribution
Address Breakdown
Residential
14,115
Single Family
9,540
Multi-Family
4,575
Businesses
2,196
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Listed by: Cecilia Alayo Balbi • Rook Realty LLC
Mls Name: BeachesMLS
Mls ID: #RX-11121101