5860 NW 64th Ave #201TamaracFL33319
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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 Tamarac at 5860 NW 64th Ave #201, Tamarac, FL, 33319 generates $1,006/mo in rent and, after a $616/mo payment, leaves $171/mo in cash flow. Total monthly income is $1,006/mo, and annual cash flow is $2,049/yr on $41,736 invested. Return on cash invested sits at 24.82% in year one, and rental yield is 9.59% on a $125,900 entry. Equity gained on principal adds $812/yr, while 5% annual appreciation builds toward $34,784 over five years. Five-year ROI reaches 129.76% and total cumulative return in cash sums $54,156. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,006/mo property income rather than buyer’s personal income.
Condo
Built in 1974
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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