8400 Lagos De Campo Blvd #209Fort 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 8400 Lagos De Campo Blvd #209, Fort Lauderdale, FL, 33321 listed at $114,750 pairs $863/mo rent with a $562/mo payment to leave $101/mo cash flow. Total monthly income runs $863/mo, and annual cash flow reaches $1,214/yr on $38,040 cash to close. Return on cash invested measures 23.1% in year one, and rental yield registers 9.02% at a $114,750 basis. Equity gained on principal adds $740/yr, and annual property appreciation at 5% supports $31,703 by year five. Five-year ROI tracks 120.64% and total cumulative return in cash totals $45,891. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $863/mo property income relative to a $562/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1973
N/A 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
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Listed by: Andy Mandel • EXP Realty LLC
Mls Name: BeachesMLS
Mls ID: #F10546503