3000 E Oakland Park Blvd. UNIT 203Fort LauderdaleFL33306
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 3.94% gross rental yield, 3000 E Oakland Park Blvd. UNIT 203, Fort Lauderdale, FL, 33306 in Fort Lauderdale is priced for capital growth, not immediate cash flow. The $1,515,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $418,567 by year five, with $13,953/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.73) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $135,722.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.9% | 5.8% |
| Monthly Cash Flow | $(6,994) | $1,850 |
City averages based on Fort Lauderdale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,974 |
| Total Monthly Debt Service | $11,365 |
| DSCR Ratio | 0.44x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2028
N/A lot
$N/A/sqft
$1,914 monthly HOA
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 2028
N/A lot
$N/A/sqft
$1,914 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nancy L Seltzer • S & B Realty
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10506910
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.