5686 Rock Island Rd APT 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
Investment property for sale in Fort Lauderdale at 5686 Rock Island Rd APT 114, Fort Lauderdale, FL, 33319 earns $229/mo cash flow from $1,323/mo rent with a $807/mo payment. Total monthly income totals $1,323/mo, and annual cash flow totals $2,746/yr on $54,664 capital. ROI tracks 24.93% on current figures, and rental yield reads 9.63% at a $164,900 purchase. Equity gained on principal adds $1,064/yr, and 5% annual appreciation supports $45,559 over five years. Five-year ROI reaches 130.36% and total cumulative return in cash sums $71,260. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,323/mo property income instead of your personal income.
Condo
Built in 2007
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: Ellen Mitchel • RE/MAX Allstars
Mls Name: MIAMI
Mls ID: #A11927513