7910 N Nob Hill Rd APT 105Fort 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 7910 N Nob Hill Rd APT 105, Fort Lauderdale, FL, 33321 uses $83,870 cash to close to unlock $220/yr annual cash flow and $18/mo monthly cash flow. Total monthly income runs $1,697/mo, and a $1,238/mo payment keeps the spread at $18/mo. Purchase price stands at $253,000, and rental yield measures 8.05% with $1,697/mo rent. Return on cash invested shows 20.17% in year one, and 5% annual appreciation builds toward $69,899 over five years. Five-year ROI reaches 104.85% and total cumulative return in cash records $87,940. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,697/mo property income covering a $1,238/mo payment rather than investor’s personal income.
Condo
Built in 2005
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: Henrique Faria • Avanti Way Premiere
Mls Name: MIAMI
Mls ID: #A11869736