5720 W Waterford DrFort LauderdaleFL33331
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 5720 W Waterford Dr, Fort Lauderdale, FL, 33331 offers a 8.55% rental yield on a $689,900 purchase with $4,918/mo rent. Total monthly income registers $4,918/mo, and a $3,377/mo payment leaves $339/mo available for distribution. Annual cash flow reaches $4,073/yr on $226,977 to close, and return on cash invested stands at 21.85% in year one. Equity gained on principal adds $4,452/yr while 5% annual appreciation supports $190,607 over five years. Portfolio math shows five-year ROI at 113.84% and total cumulative return in cash at $258,397. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,918/mo property income against a $3,377/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
9,574 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33331, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,787 (100%) |
| Owner Occupied HU | 6,485 (83.3%) |
| Renter Occupied HU | 1,144 (14.7%) |
| Vacant Housing Units | 158 ( 2.0%) |
| Median Home Value | $691,542 |
| Average Home Value | $796,222 |
Housing Distribution
Address Breakdown
Residential
7,797
Single Family
6,970
Multi-Family
827
Businesses
413
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joe Lanser • RE/MAX Direct
Mls Name: BeachesMLS
Mls ID: #F10534464