9235A Lagoon Pl #310Fort LauderdaleFL33324
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
Investment Highlights
Investment property for sale in Fort Lauderdale at 9235A Lagoon Pl #310, Fort Lauderdale, FL, 33324 earns $182/mo cash flow from $1,436/mo rent with a $925/mo payment. Total monthly income totals $1,436/mo, and annual cash flow totals $2,182/yr on $62,654 capital. ROI tracks 23.39% on current figures, and rental yield reads 9.12% at a $189,000 purchase. Equity gained on principal adds $1,220/yr, and 5% annual appreciation supports $52,217 over five years. Five-year ROI reaches 122.1% and total cumulative return in cash sums $76,498. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,436/mo property income instead of your personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33324, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,031 (100%) |
| Owner Occupied HU | 11,966 (49.8%) |
| Renter Occupied HU | 10,499 (43.7%) |
| Vacant Housing Units | 1,566 ( 6.5%) |
| Median Home Value | $461,489 |
| Average Home Value | $552,528 |
Housing Distribution
Address Breakdown
Residential
23,679
Single Family
13,758
Multi-Family
9,921
Businesses
1,481
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Yafit Gamila Cohen • Cohen Realty Group
Mls Name: BeachesMLS
Mls ID: #F10548858