888 Intracoastal Dr #3DFort 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 888 Intracoastal Dr #3D, Fort Lauderdale, FL, 33304 at $299,900 posts ROI 21.2% with $107/mo cash flow from $2,097/mo rent. Total monthly income equals $2,097/mo, and annual cash flow records $1,280/yr on $99,417 to close. Return on cash invested measures 21.2% and rental yield reads 8.39% at the current $299,900. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 by year five. Five-year ROI prints 110.33% and total cumulative return in cash totals $109,684.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,097/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1971
N/A lot
$N/A/sqft
No 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: Iliana Ivanova • Posh Estates
Mls Name: BeachesMLS
Mls ID: #F10537475