852 NE 16th AvenueFort LauderdaleFL33304
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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 852 NE 16th Avenue, Fort Lauderdale, FL, 33304 listed at $799,700 pairs $7,021/mo rent with a $3,914/mo payment to leave $1,039/mo cash flow. Total monthly income runs $7,021/mo, and annual cash flow reaches $12,470/yr on $263,101 cash to close. Return on cash invested measures 24.8% in year one, and rental yield registers 10.54% at a $799,700 basis. Equity gained on principal adds $5,160/yr, and annual property appreciation at 5% supports $220,942 by year five. Five-year ROI tracks 130.75% and total cumulative return in cash totals $344,013. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,021/mo property income relative to a $3,914/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2007
1,630 sqft lot
$N/A/sqft
$675 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33304, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,109 (100%) |
| Owner Occupied HU | 5,379 (35.6%) |
| Renter Occupied HU | 6,993 (46.3%) |
| Vacant Housing Units | 2,737 (18.1%) |
| Median Home Value | $733,600 |
| Average Home Value | $905,136 |
Housing Distribution
Address Breakdown
Residential
12,657
Single Family
4,624
Multi-Family
8,033
Businesses
1,074
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Listed by: Mackenzie J Warren • Coldwell Banker Realty
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11106164
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.