8600 NW 53rd CtLauderhillFL33351
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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
Rental property for sale in Lauderhill at 8600 NW 53rd Ct, Lauderhill, FL, 33351 generates $3,802/mo in rent and, after a $2,570/mo payment, leaves $88/mo in cash flow. Total monthly income is $3,802/mo, and annual cash flow is $1,050/yr on $172,725 invested. Return on cash invested sits at 20.67% in year one, and rental yield is 8.69% on a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 108.06% and total cumulative return in cash sums $186,645. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,802/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
7,511 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 33351, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,003 (100%) |
| Owner Occupied HU | 8,001 (53.3%) |
| Renter Occupied HU | 6,211 (41.4%) |
| Vacant Housing Units | 791 ( 5.3%) |
| Median Home Value | $391,599 |
| Average Home Value | $435,789 |
Housing Distribution
Address Breakdown
Residential
14,164
Single Family
9,691
Multi-Family
4,473
Businesses
1,918
Price History
Date | Event | Price |
|---|---|---|
| 2024-12-02 | Price change | $525,000 |
| 2024-10-30 | Listed for sale | $529,998 |
| 2024-10-13 | Listing removed | $3,300 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-25 | $7432.29 | 4.46% | $329,510 | 3.00% |
| 2022-12-25 | $7115.06 | 82.29% | $319,920 | 76.21% |
| 2021-12-25 | $3903.09 | 1.50% | $181,560 | 1.40% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1987
- Architectural Style: N/A
- Building Area: 2,000
- Living Area: 1,537 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central
- Cooling: Ceiling Fan(s), Central Air, Electric
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Driveway, Unpaved
Location
- City: Lauderhill
- State: FL
- Subdivision: City Of Lauderhill Sec Th
- Lot Size: 7,511 sqft
- Lot Features: Less Than 1/4 Acre Lot
- View: None
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Municipal Water
- Road Surface Type: N/A
School Information
- Elementary School: Discovery
- Middle School: Westpine
- High School: Piper
Listed by: Duong Duong • Empire Network Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11682735
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.