7010-7012 NW 78th Ave, Fort Lauderdale, FL, 33321 | 7.48% Rental Yield

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Monthly Cash Flow: 1 - 3k+

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7010-7012 NW 78th Ave, Fort Lauderdale, FL, 33321 | 7.48% Rental Yield | Ziffy

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $3,919/mo, and a $3,079/mo payment. Purchase price stands at $629,000, and rental yield measures 7.48% with $3,919/mo rent. Return on cash invested shows 18.23% in year one, and 5% annual appreciation builds toward $173,781 over five years. Five-year ROI reaches 94.53% and total cumulative return in cash records $195,621. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,919/mo property income covering a $3,079/mo payment rather than investor’s personal income.

Multi Family

Built in 1973

N/A lot

$N/A/sqft

$180 quarterly HOA

More details about the property

Rarely available 2 bedroom 2 bathroom Duplex each with a 1car garage in sought after Academy Hills, Tamarac. Each unit had a full kitchen remodel including electrical, cabinets, counter tops and appliances in 2022 and new water heaters in 2021. Ceramic tile floors throughout, open plan kitchen and living area. Roofs were replaced in 2015 A/C systems have been serviced twice a year Plenty of off street parking and each unit has its own washer and dryer There is a nominal homeowner association fee which give access to the community pool and clubhouse Excellent investor opportunity as these dont come up often.

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

Price History

Date	Event	Price
2024-10-23	Listed for sale	$629,000

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
No tax history data available

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4 Bath
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4 Bed
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8810 NW Paradise Ct, Tamarac, FL, 33321

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2 Bath
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Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: MultiFamily
Year Built: 1973
Architectural Style: N/A
Building Area: 3,182
Living Area: 2,668 sqft
Property Condition: N/A

Features & Amenities

Heating: Central, Electric
Cooling: Ceiling Fan(s), Central Air, Electric
Flooring: Ceramic Tile
Interior Features: N/A
Exterior Features: N/A
Parking Features: N/A

Location

City: Fort Lauderdale
State: FL
Subdivision: Academy Hills 77-48 B
Lot Size: N/A
Lot Features: Less Than 1/4 Acre Lot
View: N/A

HOA & Fees

HOA Fee: $180 quarterly
Association Fee: $180 quarterly
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: N/A

Utilities

Utilities: Cable Available, Separate Meter
Sewer: Public Sewer
Water Source: Municipal Water
Road Surface Type: N/A

School Information

Elementary School: N/A
Middle School: N/A
High School: N/A

Listed by: Chris Searle • C .S. Realty Inc

Mls Name: BeachesMLS

Mls Provider: Mls

Mls ID: #F10467649

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 2024 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.

7010-7012 NW 78th Ave,Fort Lauderdale,FL,33321

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

7010-7012 NW 78th AveFort LauderdaleFL33321