600 W Las Olas Blvd #909SFort LauderdaleFL33312
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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 600 W Las Olas Blvd #909S, Fort Lauderdale, FL, 33312 generates $3,559/mo in rent and, after a $2,442/mo payment, leaves $248/mo in cash flow. Total monthly income is $3,559/mo, and annual cash flow is $2,975/yr on $165,419 invested. Return on cash invested sits at 21.71% in year one, and rental yield is 8.56% on a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 113.06% and total cumulative return in cash sums $187,026. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,559/mo property income rather than buyer’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33312, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,901 (100%) |
| Owner Occupied HU | 11,493 (52.5%) |
| Renter Occupied HU | 8,606 (39.3%) |
| Vacant Housing Units | 1,802 ( 8.2%) |
| Median Home Value | $496,219 |
| Average Home Value | $602,182 |
Housing Distribution
Address Breakdown
Residential
20,452
Single Family
15,849
Multi-Family
4,603
Businesses
1,991
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Listed by: Caroline Moore • Douglas Elliman
Mls Name: BeachesMLS
Mls ID: #F10546222