7003 NW 94th TerFort LauderdaleFL33321
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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 7003 NW 94th Ter, Fort Lauderdale, FL, 33321 uses $109,395 cash to close to unlock $7,707/yr annual cash flow and $642/mo monthly cash flow. Total monthly income runs $2,832/mo, and a $1,615/mo payment keeps the spread at $642/mo. Purchase price stands at $330,000, and rental yield measures 10.3% with $2,832/mo rent. Return on cash invested shows 26.95% in year one, and 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 141.24% and total cumulative return in cash records $154,511. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,832/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Single Family
Built in 1973
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33321, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,498 (100%) |
| Owner Occupied HU | 17,214 (70.3%) |
| Renter Occupied HU | 5,985 (24.4%) |
| Vacant Housing Units | 1,299 ( 5.3%) |
| Median Home Value | $328,775 |
| Average Home Value | $352,562 |
Housing Distribution
Address Breakdown
Residential
23,229
Single Family
14,300
Multi-Family
8,929
Businesses
763
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Listed by: Anil K Dharamdeo • Keller Williams Realty Consultants
Mls Name: BeachesMLS
Mls ID: #F10541475