2912 NE 8th Ter #204Oakland ParkFL33334
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at 2912 NE 8th Ter #204, Oakland Park, FL, 33334 in Oakland Park is straightforward: $227,777 in, $2,414/mo in rent, $488/mo out after debt service. The 12.72% gross yield and 2.36 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $62,931 by year five. With $2,098/yr in principal equity, the total cumulative return is projected at $120,024.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.7% | 6.0% |
| Monthly Cash Flow | $488 | $1,500 |
City averages based on Oakland Park market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,414 |
| Total Monthly Debt Service | $1,836 |
| DSCR Ratio | 1.31x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1987
N/A lot
$N/A/sqft
$415 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33334, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,055 (100%) |
| Owner Occupied HU | 7,362 (48.9%) |
| Renter Occupied HU | 6,304 (41.9%) |
| Vacant Housing Units | 1,389 ( 9.2%) |
| Median Home Value | $551,236 |
| Average Home Value | $594,118 |
Housing Distribution
Address Breakdown
Residential
14,115
Single Family
9,540
Multi-Family
4,575
Businesses
2,196
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1987
N/A lot
$N/A/sqft
$415 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33334, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,055 (100%) |
| Owner Occupied HU | 7,362 (48.9%) |
| Renter Occupied HU | 6,304 (41.9%) |
| Vacant Housing Units | 1,389 ( 9.2%) |
| Median Home Value | $551,236 |
| Average Home Value | $594,118 |
Housing Distribution
Address Breakdown
Residential
14,115
Single Family
9,540
Multi-Family
4,575
Businesses
2,196
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joe Gutierrez • Balistreri Real Estate Inc
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10503981
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.