6061 N Falls Circle Dr APT 101LauderhillFL33319
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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 Lauderhill at 6061 N Falls Circle Dr APT 101, Lauderhill, FL, 33319 generates $1,106/mo in rent, after a $710/mo payment. Total monthly income is $1,106/mo. Return on cash invested sits at 2.06% in year one, and rental yield is 9.15% on a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 15.6% and total cumulative return in cash sums $7,496. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,106/mo property income rather than buyer’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
$672 monthly 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: Rebecca De Rogatis • Cervera Real Estate Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11740109
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.