801 NW 24th StFort LauderdaleFL33311
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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 801 NW 24th St, Fort Lauderdale, FL, 33311 offers a 5.49% rental yield on a $1,095,000 purchase with $5,012/mo rent. 75% in year one. Equity gained on principal adds $7,066/yr while 5% annual appreciation supports $302,528 over five years. Portfolio math shows five-year ROI at 64.92% and total cumulative return in cash at $230,338. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,012/mo property income against a $5,359/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33311, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,271 (100%) |
| Owner Occupied HU | 10,998 (40.3%) |
| Renter Occupied HU | 14,421 (52.9%) |
| Vacant Housing Units | 1,852 ( 6.8%) |
| Median Home Value | $362,464 |
| Average Home Value | $412,448 |
Housing Distribution
Address Breakdown
Residential
25,408
Single Family
19,202
Multi-Family
6,206
Businesses
2,571
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Listed by: Sandra Rathe • Keller Williams Legacy
Mls Name: MIAMI
Mls ID: #A11936888