640 SW 28th WayFort LauderdaleFL33312
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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 640 SW 28th Way, Fort Lauderdale, FL, 33312 listed at $558,999 pairs $3,410/mo rent with a $2,736/mo payment. Total monthly income runs $3,410/mo. Return on cash invested measures 18.11% in year one, and rental yield registers 7.32% at a $558,999 basis. Equity gained on principal adds $3,607/yr, and annual property appreciation at 5% supports $154,441 by year five. Five-year ROI tracks 93.74% and total cumulative return in cash totals $172,395. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,410/mo property income relative to a $2,736/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1969
6,499 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33312, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,901 (100%) |
| Owner Occupied HU | 11,493 (52.5%) |
| Renter Occupied HU | 8,606 (39.3%) |
| Vacant Housing Units | 1,802 ( 8.2%) |
| Median Home Value | $496,219 |
| Average Home Value | $602,182 |
Housing Distribution
Address Breakdown
Residential
20,452
Single Family
15,849
Multi-Family
4,603
Businesses
1,991
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Listed by: Lexi Fitch • Coldwell Banker Realty
Mls Name: BeachesMLS
Mls ID: #F10523898