7401 NW 48th PlaceFort 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 7401 NW 48th Place, Fort Lauderdale, FL, 33319 generates $4,973/mo in rent and, after a $2,790/mo payment, leaves $625/mo in cash flow. Total monthly income is $4,973/mo, and annual cash flow is $7,500/yr on $187,530 invested. Return on cash invested sits at 24.06% in year one, and rental yield is 10.47% on a $570,000 entry. Equity gained on principal adds $3,678/yr, while 5% annual appreciation builds toward $157,480 over five years. Five-year ROI reaches 126.96% and total cumulative return in cash sums $238,093. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,973/mo property income rather than buyer’s personal income.
Single Family
Built in 1982
7,500 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-02-03 | Price change | $570,000 |
| 2025-01-21 | Price change | $580,000 |
| 2024-11-24 | Listed for sale | $595,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-14 | $11855.95 | 8.02% | $460,810 | 10.00% |
| 2023-02-14 | $10976.20 | 12.53% | $418,920 | 10.00% |
| 2022-02-14 | $9754.41 | 9.52% | $380,840 | 10.00% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1982
- Architectural Style: N/A
- Building Area: 2,766
- Living Area: 2,108 sqft
- Property Condition: Resale
Features & Amenities
- Heating: Central
- Cooling: Central Air
- Flooring: Carpet, Tile
- Interior Features: None
- Exterior Features: N/A
- Parking Features: 2+ Spaces, Driveway, Garage - Attached
Location
- City: Fort Lauderdale
- State: FL
- Subdivision: Boulevard Woods North
- Lot Size: 7,500 sqft
- Lot Features: < 1/4 Acre
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Cable Connected, Electricity Connected
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Joni Lue Yat • RE/MAX Prestige Realty/Wellington
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11039847
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 2025 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.