553 NE 21st CtWilton ManorsFL33305
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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 Wilton Manors at 553 NE 21st Ct, Wilton Manors, FL, 33305 listed at $789,900 pairs $5,909/mo rent with a $3,866/mo payment to leave $667/mo cash flow. Total monthly income runs $5,909/mo, and annual cash flow reaches $8,007/yr on $259,877 cash to close. Return on cash invested measures 23.14% in year one, and rental yield registers 8.98% at a $789,900 basis. Equity gained on principal adds $5,097/yr, and annual property appreciation at 5% supports $218,235 by year five. Five-year ROI tracks 120.74% and total cumulative return in cash totals $313,781. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,909/mo property income relative to a $3,866/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
1,067 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33305, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,982 (100%) |
| Owner Occupied HU | 4,074 (51.0%) |
| Renter Occupied HU | 2,665 (33.4%) |
| Vacant Housing Units | 1,243 (15.6%) |
| Median Home Value | $715,647 |
| Average Home Value | $889,149 |
Housing Distribution
Address Breakdown
Residential
6,902
Single Family
4,182
Multi-Family
2,720
Businesses
488
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Listed by: Mike Camardello • RE/MAX Experience
Mls Name: BeachesMLS
Mls ID: #F10542643