660 E Melrose CirFort 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 660 E Melrose Cir, Fort Lauderdale, FL, 33312 at $539,777 posts ROI 19.51% with from $3,892/mo rent. Total monthly income equals $3,892/mo. Return on cash invested measures 19.51% and rental yield reads 8.65% at the current $539,777. Equity gained on principal adds $3,483/yr, and 5% annual appreciation supports $149,130 by year five. Five-year ROI prints 102.22% and total cumulative return in cash totals $181,528. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,892/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1954
0.25 Acres 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: Jean Maragh • Miramar Realty Group
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10492330
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 2025 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.