5100 N Ocean Blvd UNIT 1408Lauderdale By The SeaFL33308
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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
Rental property for sale in Lauderdale By The Sea at 5100 N Ocean Blvd UNIT 1408, Lauderdale By The Sea, FL, 33308 generates $5,678/mo in rent, after a $4,036/mo payment. Total monthly income is $5,678/mo. Return on cash invested sits at 15.38% in year one, and rental yield is 8.26% on a $824,500 entry. Equity gained on principal adds $5,320/yr, while 5% annual appreciation builds toward $227,794 over five years. Five-year ROI reaches 81.17% and total cumulative return in cash sums $220,196. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,678/mo property income rather than buyer’s personal income.
Condo
Built in 1976
N/A lot
$N/A/sqft
$3,723 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33308, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,285 (100%) |
| Owner Occupied HU | 11,743 (48.4%) |
| Renter Occupied HU | 5,314 (21.9%) |
| Vacant Housing Units | 7,228 (29.8%) |
| Median Home Value | $710,489 |
| Average Home Value | $814,851 |
Housing Distribution
Address Breakdown
Residential
21,128
Single Family
6,376
Multi-Family
14,752
Businesses
1,456
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Listed by: Amarantha Ruocco • Bella Costa Properties
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10469956
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.