824 SE 12th Ct #1Fort LauderdaleFL33316
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 824 SE 12th Ct #1, Fort Lauderdale, FL, 33316 earns $328/mo cash flow from $6,768/mo rent with a $4,381/mo payment. Total monthly income totals $6,768/mo, and annual cash flow totals $3,939/yr on $294,455 capital. ROI tracks 21.4% on current figures, and rental yield reads 9.07% at a $895,000 purchase. Equity gained on principal adds $5,775/yr, and 5% annual appreciation supports $247,272 over five years. Five-year ROI reaches 112.13% and total cumulative return in cash sums $330,170. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,768/mo property income instead of your personal income.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
$500 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33316, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,837 (100%) |
| Owner Occupied HU | 4,013 (40.8%) |
| Renter Occupied HU | 3,445 (35.0%) |
| Vacant Housing Units | 2,379 (24.2%) |
| Median Home Value | $955,160 |
| Average Home Value | $1,128,986 |
Housing Distribution
Address Breakdown
Residential
8,599
Single Family
2,862
Multi-Family
5,737
Businesses
1,405
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Javier Martinez • Miami Beach Real Estate Group
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11826625
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.