632 NW 29th CtWilton ManorsFL33311
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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
Rental property for sale in Wilton Manors at 632 NW 29th Ct, Wilton Manors, FL, 33311 generates $5,672/mo in rent, after a $4,209/mo payment. Total monthly income is $5,672/mo. Return on cash invested sits at 18.74% in year one, and rental yield is 7.91% on a $860,000 entry. Equity gained on principal adds $5,549/yr, while 5% annual appreciation builds toward $237,602 over five years. Five-year ROI reaches 97.56% and total cumulative return in cash sums $276,029. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,672/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
8,619 sqft lot
$N/A/sqft
$135 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33311, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,271 (100%) |
| Owner Occupied HU | 10,998 (40.3%) |
| Renter Occupied HU | 14,421 (52.9%) |
| Vacant Housing Units | 1,852 ( 6.8%) |
| Median Home Value | $362,464 |
| Average Home Value | $412,448 |
Housing Distribution
Address Breakdown
Residential
25,408
Single Family
19,202
Multi-Family
6,206
Businesses
2,571
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Listed by: Adam Gurewicz • Compass Florida, LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10452156
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.