5614 Hammock Ln #113Fort LauderdaleFL33319
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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 5614 Hammock Ln #113, Fort Lauderdale, FL, 33319 offers a 8% rental yield on a $285,000 purchase with $1,900/mo rent. Total monthly income registers $1,900/mo, and a $1,395/mo payment leaves $9/mo available for distribution. Annual cash flow reaches $103/yr on $94,478 to close, and return on cash invested stands at 20.02% in year one. Equity gained on principal adds $1,839/yr while 5% annual appreciation supports $78,740 over five years. Portfolio math shows five-year ROI at 104.02% and total cumulative return in cash at $98,274. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,900/mo property income against a $1,395/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33319, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,450 (100%) |
| Owner Occupied HU | 14,360 (56.4%) |
| Renter Occupied HU | 7,438 (29.2%) |
| Vacant Housing Units | 3,652 (14.3%) |
| Median Home Value | $302,525 |
| Average Home Value | $390,507 |
Housing Distribution
Address Breakdown
Residential
23,347
Single Family
10,786
Multi-Family
12,561
Businesses
988
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Listed by: Carol Debas • Sun Sales Realty
Mls Name: BeachesMLS
Mls ID: #F10535988