7251 Sienna Ridge LnFort LauderdaleFL33319
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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
Rental property for sale in Fort Lauderdale at 7251 Sienna Ridge Ln, Fort Lauderdale, FL, 33319 priced at $499,000 pairs $4,025/mo rent with $159/mo cash flow after a $2,442/mo payment. Total monthly income equals $4,025/mo, and annual cash flow comes to $1,907/yr on $165,419 invested. Return on cash invested is 21.06% in year one, and rental yield stands at 9.68% on a $499,000 basis. Equity gained on principal adds $3,220/yr, and 5% annual appreciation accumulates to $137,865 by year five. Five-year ROI measures 111.07% and total cumulative return in cash reaches $183,726. For financing, Ziffy Mortgage’s DSCR program evaluates $4,025/mo property income against a $2,442/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2001
3,981 sqft lot
$N/A/sqft
$150 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 33319, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,450 (100%) |
| Owner Occupied HU | 14,360 (56.4%) |
| Renter Occupied HU | 7,438 (29.2%) |
| Vacant Housing Units | 3,652 (14.3%) |
| Median Home Value | $302,525 |
| Average Home Value | $390,507 |
Housing Distribution
Address Breakdown
Residential
23,347
Single Family
10,786
Multi-Family
12,561
Businesses
988
Price History
Date | Event | Price |
|---|---|---|
| 2024-11-13 | Listed for sale | $499,000 |
| 2020-03-05 | Listing removed | $2,100 |
| 2019-12-02 | Price change | $2,100 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $9299.48 | 15.88% | $339,210 | 10.00% |
| 2022-12-26 | $8024.82 | 8.16% | $308,380 | 10.00% |
| 2021-12-26 | $7419.10 | 9.87% | $280,350 | 10.00% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2001
- Architectural Style: N/A
- Building Area: N/A
- Living Area: 1,803 sqft
- Property Condition: As Is
Features & Amenities
- Heating: Central
- Cooling: Ceiling Fan(s)
- Flooring: Carpet, Ceramic Tile
- Interior Features: Stacked Bedroom, Walk-In Closet(s)
- Exterior Features: Other
- Parking Features: Driveway, Attached, No Trucks/Trailers
Location
- City: Fort Lauderdale
- State: FL
- Subdivision: S & R Of Inverrary Prcl S
- Lot Size: 3,981 sqft
- Lot Features: Less Than 1/4 Acre Lot
- View: Lake
HOA & Fees
- HOA Fee: $150 monthly
- Association Fee: $150 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Cable Available
- 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: Frieda Heller • RE/MAX Direct
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10471334
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.