2000 S OCEAN DR UNIT 1208/9Fort LauderdaleFL33316
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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
Investment property for sale in Fort Lauderdale at 2000 S OCEAN DR UNIT 1208/9, Fort Lauderdale, FL, 33316 listed at $1,154,300 pairs $3,915/mo rent with a $5,650/mo payment. Total monthly income runs $3,915/mo. Return on cash invested measures 0.98% in year one, and rental yield registers 4.07% at a $1,154,300 basis. Equity gained on principal adds $7,449/yr, and annual property appreciation at 5% supports $318,912 by year five. Five-year ROI tracks 4.53% and total cumulative return in cash totals $16,923. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,915/mo property income relative to a $5,650/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1965
N/A lot
$N/A/sqft
$6,892 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33316, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,837 (100%) |
| Owner Occupied HU | 4,013 (40.8%) |
| Renter Occupied HU | 3,445 (35.0%) |
| Vacant Housing Units | 2,379 (24.2%) |
| Median Home Value | $955,160 |
| Average Home Value | $1,128,986 |
Housing Distribution
Address Breakdown
Residential
8,599
Single Family
2,862
Multi-Family
5,737
Businesses
1,405
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Listed by: Julie Jones • Douglas Elliman
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10468086
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.