730 Alabama AveFort LauderdaleFL33312
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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 730 Alabama Ave, Fort Lauderdale, FL, 33312 priced at $642,400 converts $5,574/mo rent into $977/mo cash flow after a $3,144/mo obligation. Total monthly income equals $5,574/mo, and annual cash flow totals $11,725/yr on $211,350 invested. Return on cash invested prints 25.61% in year one, and rental yield reads 10.41% against a $642,400 entry. Equity gained on principal adds $4,145/yr, while 5% annual appreciation compiles into $177,483 by year five. Five-year ROI reaches 134.66% and total cumulative return in cash sums $284,608. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,574/mo property income covering a $3,144/mo payment, not borrower’s personal income.
Single Family
Built in 1952
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33312, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,901 (100%) |
| Owner Occupied HU | 11,493 (52.5%) |
| Renter Occupied HU | 8,606 (39.3%) |
| Vacant Housing Units | 1,802 ( 8.2%) |
| Median Home Value | $496,219 |
| Average Home Value | $602,182 |
Housing Distribution
Address Breakdown
Residential
20,452
Single Family
15,849
Multi-Family
4,603
Businesses
1,991
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