7247 Ashmont Cir #7247Fort 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 7247 Ashmont Cir #7247, Fort Lauderdale, FL, 33321 offers a 9.56% rental yield on a $147,500 purchase with $1,175/mo rent. Total monthly income registers $1,175/mo, and a $722/mo payment leaves $196/mo available for distribution. Annual cash flow reaches $2,353/yr on $48,896 to close, and return on cash invested stands at 24.72% in year one. Equity gained on principal adds $952/yr while 5% annual appreciation supports $40,752 over five years. Portfolio math shows five-year ROI at 129.34% and total cumulative return in cash at $63,241. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,175/mo property income against a $722/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1983
N/A 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: Maxine Adeline-Cintorino • Agents Realty Group, LLC
Mls Name: BeachesMLS
Mls ID: #F10533048