310 W Laurel Dr UNIT 1401MargateFL33063
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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 Margate at 310 W Laurel Dr UNIT 1401, Margate, FL, 33063 listed at $184,500 pairs $1,388/mo rent with a $903/mo payment. Total monthly income runs $1,388/mo. Return on cash invested measures 9.84% in year one, and rental yield registers 9.03% at a $184,500 basis. Equity gained on principal adds $1,191/yr, and annual property appreciation at 5% supports $50,974 by year five. Five-year ROI tracks 54.27% and total cumulative return in cash totals $33,194. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,388/mo property income relative to a $903/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1983
N/A lot
$N/A/sqft
$677 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33063, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,056 (100%) |
| Owner Occupied HU | 16,872 (64.8%) |
| Renter Occupied HU | 7,163 (27.5%) |
| Vacant Housing Units | 2,021 ( 7.8%) |
| Median Home Value | $373,620 |
| Average Home Value | $403,237 |
Housing Distribution
Address Breakdown
Residential
24,659
Single Family
15,663
Multi-Family
8,996
Businesses
1,414
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Listed by: Val Dhanraj • Realty 100
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10478499
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.