823 SW 27th 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 823 SW 27th St, Fort Lauderdale, FL, 33315 uses $197,071 cash to close to unlock $8,325/yr annual cash flow and $694/mo monthly cash flow. Total monthly income runs $4,669/mo, and a $2,932/mo payment keeps the spread at $694/mo. Purchase price stands at $599,000, and rental yield measures 9.35% with $4,669/mo rent. Return on cash invested shows 24.28% in year one, and 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 126.87% and total cumulative return in cash records $250,018. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,669/mo property income covering a $2,932/mo payment rather than investor’s personal income.
Single Family
Built in 1953
7,148 sqft 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: Ann Mcqueen • Compass Florida, LLC
Mls Name: BeachesMLS
Mls ID: #F10542128