8017 NW 71st CourtFort LauderdaleFL33321
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 8017 NW 71st Court, Fort Lauderdale, FL, 33321 offers a 8.33% rental yield on a $337,500 purchase with $2,343/mo rent. Total monthly income registers $2,343/mo, and a $1,652/mo payment leaves $103/mo available for distribution. Annual cash flow reaches $1,238/yr on $111,881 to close, and return on cash invested stands at 21.02% in year one. Equity gained on principal adds $2,178/yr while 5% annual appreciation supports $93,245 over five years. Portfolio math shows five-year ROI at 109.4% and total cumulative return in cash at $122,401. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,343/mo property income against a $1,652/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1985
1,406 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Raul Antonio Gordon • United Realty Group Inc
Mls Name: BeachesMLS
Mls ID: #RX-11140268