6201 SW 37th St APT 113Fort LauderdaleFL33314
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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
Investment property for sale in Fort Lauderdale at 6201 SW 37th St APT 113, Fort Lauderdale, FL, 33314 listed at $180,000 pairs $2,350/mo rent with a $881/mo payment to leave $861/mo cash flow. Total monthly income runs $2,350/mo, and annual cash flow reaches $10,326/yr on $59,670 cash to close. Return on cash invested measures 37.21% in year one, and rental yield registers 15.67% at a $180,000 basis. Equity gained on principal adds $1,162/yr, and annual property appreciation at 5% supports $49,731 by year five. Five-year ROI tracks 198.4% and total cumulative return in cash totals $118,385. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,350/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1970
N/A lot
$N/A/sqft
$190 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33314, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,186 (100%) |
| Owner Occupied HU | 4,850 (36.8%) |
| Renter Occupied HU | 7,391 (56.1%) |
| Vacant Housing Units | 945 ( 7.2%) |
| Median Home Value | $469,161 |
| Average Home Value | $548,246 |
Housing Distribution
Address Breakdown
Residential
11,668
Single Family
6,983
Multi-Family
4,685
Businesses
1,569
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Listed by: Carlton Rowand • Canvas Real Estate
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11817855
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.