948 Phoenix WayFort LauderdaleFL33327
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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 Fort Lauderdale at 948 Phoenix Way, Fort Lauderdale, FL, 33327 generates $8,078/mo in rent and, after a $4,400/mo payment, leaves $2,112/mo in cash flow. Total monthly income is $8,078/mo, and annual cash flow is $25,347/yr on $295,771 invested. Return on cash invested sits at 28.63% in year one, and rental yield is 10.78% on a $899,000 entry. Equity gained on principal adds $5,801/yr, while 5% annual appreciation builds toward $248,377 over five years. Five-year ROI reaches 150.17% and total cumulative return in cash sums $444,166. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $8,078/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
6,465 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33327, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,557 (100%) |
| Owner Occupied HU | 5,310 (81.0%) |
| Renter Occupied HU | 1,096 (16.7%) |
| Vacant Housing Units | 151 ( 2.3%) |
| Median Home Value | $722,506 |
| Average Home Value | $809,775 |
Housing Distribution
Address Breakdown
Residential
6,718
Single Family
6,718
Multi-Family
0
Businesses
166
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Listed by: Esther Davila • United Realty Group Inc
Mls Name: MIAMI
Mls ID: #A11936233