800 SE 15th StFort LauderdaleFL33316
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 800 SE 15th St, Fort Lauderdale, FL, 33316 uses $193,781 cash to close to unlock $11,522/yr annual cash flow and $960/mo monthly cash flow. Total monthly income runs $4,869/mo, and a $2,883/mo payment keeps the spread at $960/mo. Purchase price stands at $589,000, and rental yield measures 9.92% with $4,869/mo rent. Return on cash invested shows 26.01% in year one, and 5% annual appreciation builds toward $162,730 over five years. Five-year ROI reaches 136.11% and total cumulative return in cash records $263,750. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,869/mo property income covering a $2,883/mo payment rather than investor’s personal income.
Multi Family
Built in 1964
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33316, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,837 (100%) |
| Owner Occupied HU | 4,013 (40.8%) |
| Renter Occupied HU | 3,445 (35.0%) |
| Vacant Housing Units | 2,379 (24.2%) |
| Median Home Value | $955,160 |
| Average Home Value | $1,128,986 |
Housing Distribution
Address Breakdown
Residential
8,599
Single Family
2,862
Multi-Family
5,737
Businesses
1,405
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Edgard Cuenca • Eastside Coast Properties LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11690061
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.