3119 Oakland Shores Drive #C108Oakland ParkFL33309
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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 Oakland Park at 3119 Oakland Shores Drive #C108, Oakland Park, FL, 33309 earns $143/mo cash flow from $999/mo rent with a $631/mo payment. Total monthly income totals $999/mo, and annual cash flow totals $1,720/yr on $42,764 capital. ROI tracks 23.93% on current figures, and rental yield reads 9.29% at a $129,000 purchase. Equity gained on principal adds $832/yr, and 5% annual appreciation supports $35,640 over five years. Five-year ROI reaches 125.07% and total cumulative return in cash sums $53,485. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $999/mo property income instead of your personal income.
Condo
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33309, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,194 (100%) |
| Owner Occupied HU | 9,384 (57.9%) |
| Renter Occupied HU | 5,818 (35.9%) |
| Vacant Housing Units | 992 ( 6.1%) |
| Median Home Value | $401,519 |
| Average Home Value | $475,097 |
Housing Distribution
Address Breakdown
Residential
15,277
Single Family
11,083
Multi-Family
4,194
Businesses
2,822
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Listed by: James Gemmell • LoKation
Mls Name: BeachesMLS
Mls ID: #RX-11148137