2100 S Ocean Dr #9LFort 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
Total monthly income runs $3,137/mo, and a $2,325/mo payment. Purchase price stands at $475,000, and rental yield measures 7.93% with $3,137/mo rent. Return on cash invested shows 9.78% in year one, and 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 52.73% and total cumulative return in cash records $83,035. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,137/mo property income covering a $2,325/mo payment rather than investor’s personal income.
Condo
Built in 1965
N/A lot
$N/A/sqft
$2,817 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: Beth Angela Welker • Libertas Real Estate & Development LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10517081
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