661 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 661 SW 28th Way, Fort Lauderdale, FL, 33312 earns $542/mo cash flow from $5,054/mo rent with a $3,328/mo payment. Total monthly income totals $5,054/mo, and annual cash flow totals $6,500/yr on $223,720 capital. ROI tracks 22.97% on current figures, and rental yield reads 8.92% at a $680,000 purchase. Equity gained on principal adds $4,388/yr, and 5% annual appreciation supports $187,871 over five years. Five-year ROI reaches 119.79% and total cumulative return in cash sums $267,996. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,054/mo property income instead of your personal income.
Single Family
Built in 1972
8,123 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: Leo Jules • First Florida Real Estate Corp
Mls Name: BeachesMLS
Mls ID: #F10520678