560 NE 15th AveFort 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 560 NE 15th Ave, Fort Lauderdale, FL, 33301 listed at $1,249,900 pairs $6,333/mo rent with a $6,118/mo payment. Total monthly income runs $6,333/mo. Return on cash invested measures 14.56% in year one, and rental yield registers 6.08% at a $1,249,900 basis. Equity gained on principal adds $8,065/yr, and annual property appreciation at 5% supports $345,324 by year five. Five-year ROI tracks 74.65% and total cumulative return in cash totals $302,310. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,333/mo property income relative to a $6,118/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1953
6,189 sqft 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
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Listed by: Ana Mattos • Premier Investments Realty
Mls Name: BeachesMLS
Mls ID: #F10532294