7740 NW 50th St APT 408LauderhillFL33351
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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 Lauderhill at 7740 NW 50th St APT 408, Lauderhill, FL, 33351 generates $1,500/mo in rent and, after a $1,028/mo payment, leaves $106/mo in cash flow. Total monthly income is $1,500/mo, and annual cash flow is $1,275/yr on $69,615 invested. Return on cash invested sits at 21.74% in year one, and rental yield is 8.57% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 113.29% and total cumulative return in cash sums $78,868. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,500/mo property income rather than buyer’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33351, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,003 (100%) |
| Owner Occupied HU | 8,001 (53.3%) |
| Renter Occupied HU | 6,211 (41.4%) |
| Vacant Housing Units | 791 ( 5.3%) |
| Median Home Value | $391,599 |
| Average Home Value | $435,789 |
Housing Distribution
Address Breakdown
Residential
14,164
Single Family
9,691
Multi-Family
4,473
Businesses
1,918
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Listed by: Marci Swatt • Mast Realty, Inc.
Mls Name: MIAMI
Mls ID: #A11952553