6300 S Falls Cir Drive #213LauderhillFL33319
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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 Lauderhill at 6300 S Falls Cir Drive #213, Lauderhill, FL, 33319 offers a 9.59% rental yield on a $155,000 purchase with $1,239/mo rent. Total monthly income registers $1,239/mo, and a $759/mo payment leaves $210/mo available for distribution. Annual cash flow reaches $2,520/yr on $51,383 to close, and return on cash invested stands at 24.81% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,824 over five years. Portfolio math shows five-year ROI at 129.83% and total cumulative return in cash at $66,712. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,239/mo property income against a $759/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1973
N/A lot
$N/A/sqft
No 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: Ghina Grandez • Realty 100
Mls Name: BeachesMLS
Mls ID: #RX-11121520