801 NW 46th Avenue #801Fort LauderdaleFL33317
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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 46th Avenue #801, Fort Lauderdale, FL, 33317 uses $57,681 cash to close to unlock $2,387/yr annual cash flow and $199/mo monthly cash flow. Total monthly income runs $1,354/mo, and a $852/mo payment keeps the spread at $199/mo. Purchase price stands at $174,000, and rental yield measures 9.34% with $1,354/mo rent. Return on cash invested shows 24.05% in year one, and 5% annual appreciation builds toward $48,073 over five years. Five-year ROI reaches 125.6% and total cumulative return in cash records $72,449. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,354/mo property income covering a $852/mo payment rather than investor’s personal income.
Townhouse
Built in 1966
365 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33317, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,833 (100%) |
| Owner Occupied HU | 9,685 (70.0%) |
| Renter Occupied HU | 3,561 (25.7%) |
| Vacant Housing Units | 587 ( 4.2%) |
| Median Home Value | $510,767 |
| Average Home Value | $531,472 |
Housing Distribution
Address Breakdown
Residential
13,542
Single Family
10,842
Multi-Family
2,700
Businesses
1,119
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Listed by: Ornit Granit • Compass Florida LLC
Mls Name: BeachesMLS
Mls ID: #RX-11105636