7921 Exeter Blvd E #202Fort 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 7921 Exeter Blvd E #202, Fort Lauderdale, FL, 33321 offers a 10.04% rental yield on a $411,300 purchase with $3,442/mo rent. Total monthly income registers $3,442/mo, and a $2,013/mo payment leaves $713/mo available for distribution. Annual cash flow reaches $8,552/yr on $136,346 to close, and return on cash invested stands at 26.18% in year one. Equity gained on principal adds $2,654/yr while 5% annual appreciation supports $113,635 over five years. Portfolio math shows five-year ROI at 137.06% and total cumulative return in cash at $186,876. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,442/mo property income against a $2,013/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2001
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: Mildred Toribio • The Keyes Company
Mls Name: MIAMI
Mls ID: #A11911136