816 SW 10th StFort LauderdaleFL33315
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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 816 SW 10th St, Fort Lauderdale, FL, 33315 listed at $1,139,816 pairs $3,856/mo rent with a $5,579/mo payment. Total monthly income runs $3,856/mo. Return on cash invested measures 6.7% in year one, and rental yield registers 4.06% at a $1,139,816 basis. Equity gained on principal adds $7,355/yr, and annual property appreciation at 5% supports $314,910 by year five. Five-year ROI tracks 33.11% and total cumulative return in cash totals $122,272. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,856/mo property income relative to a $5,579/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33315, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,908 (100%) |
| Owner Occupied HU | 3,604 (45.6%) |
| Renter Occupied HU | 3,261 (41.2%) |
| Vacant Housing Units | 1,043 (13.2%) |
| Median Home Value | $617,061 |
| Average Home Value | $669,168 |
Housing Distribution
Address Breakdown
Residential
7,173
Single Family
4,953
Multi-Family
2,220
Businesses
926
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Listed by: Nicholas Trotz • Better Homes & Gdns RE Fla 1st
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11720682
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.