920 NW 122nd AvenuePlantationFL33325
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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 Plantation at 920 NW 122nd Avenue, Plantation, FL, 33325 generates $6,136/mo in rent, after a $9,740/mo payment. Total monthly income is $6,136/mo. Return on cash invested sits at 7.21% in year one, and rental yield is 3.7% on a $1,990,000 entry. Equity gained on principal adds $12,841/yr, while 5% annual appreciation builds toward $549,800 over five years. Five-year ROI reaches 35.26% and total cumulative return in cash sums $227,327. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,136/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33325, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,896 (100%) |
| Owner Occupied HU | 8,406 (77.1%) |
| Renter Occupied HU | 2,195 (20.1%) |
| Vacant Housing Units | 295 ( 2.7%) |
| Median Home Value | $538,793 |
| Average Home Value | $543,740 |
Housing Distribution
Address Breakdown
Residential
10,784
Single Family
8,985
Multi-Family
1,799
Businesses
416
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Listed by: Regla Mercedes Rosario PA • Century 21 Stein Posner
Mls Name: BeachesMLS
Mls ID: #RX-11149348