6235 SW 47th Mnr APT 201Fort 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 6235 SW 47th Mnr APT 201, Fort Lauderdale, FL, 33314 uses $117,683 cash to close to unlock $8,217/yr annual cash flow and $685/mo monthly cash flow. Total monthly income runs $3,041/mo, and a $1,738/mo payment keeps the spread at $685/mo. Purchase price stands at $355,000, and rental yield measures 10.28% with $3,041/mo rent. Return on cash invested shows 26.89% in year one, and 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 140.88% and total cumulative return in cash records $165,792. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,041/mo property income covering a $1,738/mo payment rather than investor’s personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
No 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: Serena Cruchelow • LPT Realty, LLC
Mls Name: MIAMI
Mls ID: #A11899127