Fort Lauderdale, FL — Rental Investment Analysis
🔴WEAK— appreciation play onlyCap Rate
3.1%
Below average
Monthly Cash Flow
-$1,664
After all expenses
Price-to-Rent
17.2
Overpriced for rent
DSCR
0.48
Fails
📊 Key Metrics
- Median Home Price
- $583,630
- Average Rent (3BR)
- $2,820/mo
- Price-to-Rent Ratio
- 17.2(high)
- 1% Rule
- 0.49%(fails — need 1%+)
- Cash-on-Cash Return
- -14.4%
- Vacancy Rate
- 8.0%
📈 Market Strength
Assumptions Used
20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance
Customize these numbers →📈 Population Movement (Tax Year 2021→2022)
Net Migration
+6,176 households
GROWING
Total Inflow
810,345
households moved in
Avg Income (New Residents)
$96,839
per household
Where they're coming from:
1.Broward Non-migrants, FL773,475 households · avg $96,868
2.Miami-Dade, FL17,387 households · avg $71,723
3.Orange, FL1,104 households · avg $56,530
4.Kings, NY1,000 households · avg $84,632
5.Queens, NY878 households · avg $65,474
Where residents are leaving to:
1.Broward Non-migrants, FL773,475 households
2.Miami-Dade, FL10,323 households
3.Orange, FL1,849 households
4.Hillsborough, FL1,059 households
5.Lee, FL1,015 households
💡 Strong net inflow suggests growing rental demand and upward pressure on rents.
🏘️ Best Zip Codes in Fort Lauderdale for Investors
All Zip Codes in Fort Lauderdale
| Zip | Cap Rate | Cash Flow | Home Price | Rent (3BR) | DSCR |
|---|---|---|---|---|---|
| 33308 | 4.5% | -$805 | $519,822 | $3,290/mo | 0.71 |
| 33311 | 4.0% | -$725 | $365,581 | $2,120/mo | 0.63 |
| 33312 | 4.0% | -$957 | $479,119 | $2,770/mo | 0.62 |
| 33315 | 3.6% | -$1,273 | $541,728 | $2,900/mo | 0.56 |
| 33304 | 3.1% | -$1,664 | $603,381 | $2,930/mo | 0.48 |
| 33301 | 2.9% | -$2,522 | $874,360 | $4,110/mo | 0.46 |
| 33305 | 2.4% | -$2,275 | $680,761 | $2,820/mo | 0.37 |
| 33306 | 2.3% | -$1,998 | $583,630 | $2,360/mo | 0.36 |
| 33316 | 2.1% | -$2,569 | $716,979 | $2,760/mo | 0.33 |