909 Mango IsleFort LauderdaleFL33315
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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
Investment Highlights
Rental property for sale in Fort Lauderdale at 909 Mango Isle, Fort Lauderdale, FL, 33315 priced at $1,925,000 pairs $6,497/mo rent with after a $9,422/mo payment. Total monthly income equals $6,497/mo. Return on cash invested is 8.29% in year one, and rental yield stands at 4.05% on a $1,925,000 basis. Equity gained on principal adds $12,422/yr, and 5% annual appreciation accumulates to $531,842 by year five. Five-year ROI measures 41.05% and total cumulative return in cash reaches $256,000. For financing, Ziffy Mortgage’s DSCR program evaluates $6,497/mo property income against a $9,422/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2007
6,359 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33315, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,908 (100%) |
| Owner Occupied HU | 3,604 (45.6%) |
| Renter Occupied HU | 3,261 (41.2%) |
| Vacant Housing Units | 1,043 (13.2%) |
| Median Home Value | $617,061 |
| Average Home Value | $669,168 |
Housing Distribution
Address Breakdown
Residential
7,173
Single Family
4,953
Multi-Family
2,220
Businesses
926
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Listed by: Nicole Bentz • Florida Luxurious Properties
Mls Name: BeachesMLS
Mls ID: #F10535962