6235 SW 47th Mnr APT 201, Fort Lauderdale, FL, 33314 | $685/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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6235 SW 47th Mnr APT 201, Fort Lauderdale, FL, 33314 | $685/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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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

More details about the property

Spacious 3-Bed, 2-Bath Condo in the Heart of Davie! This beautifully maintained 3 bedroom, 2 bath home features a desirable split bedroom floor plan and modern upgrades throughout. This corner unit enjoys abundant natural light and the kitchen features granite countertops, ample cabinetry, and in unit laundry. The oversized primary bedroom is a true retreat, offering generous closet space and an en-suite bath. NEW A/C! Conveniently located near Nova Southeastern University, major highways, Publix, shopping, dining, and parks, this home combines peaceful living with easy access to everything Davie has to offer. Don't miss your opportunity to call this spacious, move-in-ready condo your new home!

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