6201 N Falls Circle Dr APT 311Fort 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
Total monthly income runs $1,183/mo, and a $746/mo payment. Purchase price stands at $152,500, and rental yield measures 9.31% with $1,183/mo rent. Return on cash invested shows 2.57% in year one, and 5% annual appreciation builds toward $42,133 over five years. Five-year ROI reaches 18.25% and total cumulative return in cash records $9,227. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,183/mo property income covering a $746/mo payment rather than investor’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
$717 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: Lou Corda • La Rosa Realty LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11658147
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.