6297 Pine TerFort LauderdaleFL33317
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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 6297 Pine Ter, Fort Lauderdale, FL, 33317 with 5% annual appreciation on a $649,900 basis while $5,365/mo rent supports operations. Total monthly income totals $5,365/mo and a $3,181/mo payment preserves $734/mo for cash returns. Annual cash flow comes to $8,810/yr on $213,817 deployed, and return on cash invested reaches 24.18% in year one. Equity gained on principal adds $4,194/yr, and five-year appreciation sums $179,555 alongside rental yield of 9.91%. Five-year ROI measures 126.96% and total cumulative return in cash totals $271,470.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,365/mo property income versus a $3,181/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1958
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33317, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,833 (100%) |
| Owner Occupied HU | 9,685 (70.0%) |
| Renter Occupied HU | 3,561 (25.7%) |
| Vacant Housing Units | 587 ( 4.2%) |
| Median Home Value | $510,767 |
| Average Home Value | $531,472 |
Housing Distribution
Address Breakdown
Residential
13,542
Single Family
10,842
Multi-Family
2,700
Businesses
1,119
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Listed by: Isael Prieto • Able CRE
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11738313
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.