6900 SW 39th St #206JFort LauderdaleFL33314
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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 6900 SW 39th St #206J, Fort Lauderdale, FL, 33314 offers a 8.35% rental yield on a $212,000 purchase with $1,475/mo rent. Total monthly income registers $1,475/mo, and a $1,038/mo payment leaves $68/mo available for distribution. Annual cash flow reaches $813/yr on $70,278 to close, and return on cash invested stands at 21.07% in year one. Equity gained on principal adds $1,368/yr while 5% annual appreciation supports $58,572 over five years. Portfolio math shows five-year ROI at 109.65% and total cumulative return in cash at $77,059. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,475/mo property income against a $1,038/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33314, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,186 (100%) |
| Owner Occupied HU | 4,850 (36.8%) |
| Renter Occupied HU | 7,391 (56.1%) |
| Vacant Housing Units | 945 ( 7.2%) |
| Median Home Value | $469,161 |
| Average Home Value | $548,246 |
Housing Distribution
Address Breakdown
Residential
11,668
Single Family
6,983
Multi-Family
4,685
Businesses
1,569
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Listed by: Luz Bencich • Grand Realty of America, Corp.
Mls Name: MIAMI
Mls ID: #A11903830