8350 Sands Point Blvd APT E306Fort LauderdaleFL33321
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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 8350 Sands Point Blvd APT E306, Fort Lauderdale, FL, 33321 listed at $158,900 pairs $1,197/mo rent with a $778/mo payment. Total monthly income runs $1,197/mo. Return on cash invested measures 12.72% in year one, and rental yield registers 9.04% at a $158,900 basis. Equity gained on principal adds $1,025/yr, and annual property appreciation at 5% supports $43,901 by year five. Five-year ROI tracks 68.72% and total cumulative return in cash totals $36,196. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,197/mo property income relative to a $778/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1976
N/A lot
$N/A/sqft
$458 monthly 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
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Listed by: Zaida B PA Rizzo • Interinvestments Realty, Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11592962
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.