6800 Cypress Rd APT 101Fort LauderdaleFL33317
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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 Fort Lauderdale at 6800 Cypress Rd APT 101, Fort Lauderdale, FL, 33317 generates $2,717/mo in rent and, after a $1,346/mo payment, leaves $892/mo in cash flow. Total monthly income is $2,717/mo, and annual cash flow is $10,704/yr on $91,163 invested. Return on cash invested sits at 31.65% in year one, and rental yield is 11.86% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 166.45% and total cumulative return in cash sums $151,739. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,717/mo property income rather than buyer’s personal income.
Condo
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33317, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,833 (100%) |
| Owner Occupied HU | 9,685 (70.0%) |
| Renter Occupied HU | 3,561 (25.7%) |
| Vacant Housing Units | 587 ( 4.2%) |
| Median Home Value | $510,767 |
| Average Home Value | $531,472 |
Housing Distribution
Address Breakdown
Residential
13,542
Single Family
10,842
Multi-Family
2,700
Businesses
1,119
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Listed by: Claudio Wagmaister • DecoNova International Group
Mls Name: MIAMI
Mls ID: #A11864604