714 Heritage DrFort LauderdaleFL33326
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 714 Heritage Dr, Fort Lauderdale, FL, 33326 offers a 4.22% rental yield on a $1,195,000 purchase with $4,202/mo rent. 81% in year one. Equity gained on principal adds $7,711/yr while 5% annual appreciation supports $330,156 over five years. Portfolio math shows five-year ROI at 43.85% and total cumulative return in cash at $169,778. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,202/mo property income against a $5,849/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
8,775 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33326, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,930 (100%) |
| Owner Occupied HU | 8,483 (65.6%) |
| Renter Occupied HU | 3,701 (28.6%) |
| Vacant Housing Units | 746 ( 5.8%) |
| Median Home Value | $597,124 |
| Average Home Value | $641,680 |
Housing Distribution
Address Breakdown
Residential
12,156
Single Family
10,140
Multi-Family
2,016
Businesses
1,366
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rafael Gonzalez Barros • Real Estate Empire Group, Inc.
Mls Name: MIAMI
Mls ID: #A11941457