5616 Hammock Ln #114Fort 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
Rental property for sale in Fort Lauderdale at 5616 Hammock Ln #114, Fort Lauderdale, FL, 33319 generates $2,705/mo in rent and, after a $1,615/mo payment, leaves $515/mo in cash flow. Total monthly income is $2,705/mo, and annual cash flow is $6,183/yr on $109,395 invested. Return on cash invested sits at 25.56% in year one, and rental yield is 9.84% on a $330,000 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 133.77% and total cumulative return in cash sums $146,339. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,705/mo property income rather than buyer’s personal income.
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: Bill Donnelly • Sun Sales Realty
Mls Name: BeachesMLS
Mls ID: #F10543054