8670 Bridle Path Ct #111AFort LauderdaleFL33328
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderCapital preservation and steady income define 8670 Bridle Path Ct #111A, Fort Lauderdale, FL, 33328 in Fort Lauderdale. Rental yield 7.45%. The 1.38 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $117,420 and $3,914/yr in principal reduction project total return of $150,311.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 5.8% |
| Monthly Cash Flow | $(581) | $1,850 |
City averages based on Fort Lauderdale market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,639 |
| Total Monthly Debt Service | $2,651 |
| DSCR Ratio | 1.00x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33328, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,529 (100%) |
| Owner Occupied HU | 8,146 (77.4%) |
| Renter Occupied HU | 2,072 (19.7%) |
| Vacant Housing Units | 311 ( 3.0%) |
| Median Home Value | $612,809 |
| Average Home Value | $671,315 |
Housing Distribution
Address Breakdown
Residential
10,504
Single Family
8,704
Multi-Family
1,800
Businesses
780
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
Condo
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33328, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,529 (100%) |
| Owner Occupied HU | 8,146 (77.4%) |
| Renter Occupied HU | 2,072 (19.7%) |
| Vacant Housing Units | 311 ( 3.0%) |
| Median Home Value | $612,809 |
| Average Home Value | $671,315 |
Housing Distribution
Address Breakdown
Residential
10,504
Single Family
8,704
Multi-Family
1,800
Businesses
780
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MIAMI
Mls ID: #A12016519