5464 NE 3rd TerOakland ParkFL33334
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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 Oakland Park at 5464 NE 3rd Ter, Oakland Park, FL, 33334 priced at $549,000 converts $5,846/mo rent into $2,203/mo cash flow after a $2,687/mo obligation. Total monthly income equals $5,846/mo, and annual cash flow totals $26,434/yr on $180,621 invested. Return on cash invested prints 34.7% in year one, and rental yield reads 12.78% against a $549,000 entry. Equity gained on principal adds $3,543/yr, while 5% annual appreciation compiles into $151,679 by year five. Five-year ROI reaches 182.69% and total cumulative return in cash sums $329,972. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,846/mo property income covering a $2,687/mo payment, not borrower’s personal income.
Single Family
Built in 1960
7,340 sqft 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: Hector Romero Minching • Canvas Real Estate
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11646243
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.