801 W Tropical WayPlantationFL33317
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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
Rental property for sale in Plantation at 801 W Tropical Way, Plantation, FL, 33317 priced at $1,215,000 converts $4,647/mo rent into after a $5,947/mo obligation. Total monthly income equals $4,647/mo. Return on cash invested prints 9.96% in year one, and rental yield reads 4.59% against a $1,215,000 entry. Equity gained on principal adds $7,840/yr, while 5% annual appreciation compiles into $335,682 by year five. Five-year ROI reaches 49.97% and total cumulative return in cash sums $196,721. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,647/mo property income covering a $5,947/mo payment, not borrower’s personal income.
Single Family
Built in 1973
0.34 Acres 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: Karina Fernandez Amor • Compass Florida, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11716869
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.