2100 S Ocean Dr #11-LFort 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 2100 S Ocean Dr #11-L, Fort Lauderdale, FL, 33316 earns $516/mo cash flow from $3,629/mo rent with a $2,296/mo payment. Total monthly income totals $3,629/mo, and annual cash flow totals $6,194/yr on $155,474 capital. ROI tracks 23.89% on current figures, and rental yield reads 9.29% at a $469,000 purchase. Equity gained on principal adds $3,026/yr, and 5% annual appreciation supports $129,576 over five years. Five-year ROI reaches 124.81% and total cumulative return in cash sums $194,047. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,629/mo property income instead of your personal income.
Condo
Built in 1965
N/A lot
$N/A/sqft
No 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: Tyler Tuchow • Fortune Christie's International Real Estate
Mls Name: BeachesMLS
Mls ID: #F10537064