1850 S Ocean Blvd, Apt 304, Pompano Beach, FL 33062

Pompano Beach, FL 33062 · 3 bd · 3 ba · 1,448 sqft · Multi-Family · 1 days on market

The math, in full

Asking price: $450,000
Down payment (15%): $67,500
Loan amount: $382,500
Est. monthly rent: $7,000/mo; Range $5,950 to $8,050/mo
Monthly payment, all-in: $5,612/mo; Mortgage + taxes + insurance (PITIA)
Cashflow ratio (DSCR): 1.25; $7,000 rent ÷ $5,612 payment
Monthly cashflow: +$1,388/mo; What's left after the payment

Where the rent number comes from

Median asking rent for 3-bedroom homes in zip 33062, from current market comps, not a per-property guess. High confidence: plenty of comparable rentals in this zip.

Cash to start

$67,500

15% down on $450,000

Your local lender

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No credit pull. No obligation. A loan officer confirms real terms within one business day.

Screened against real lending criteria. This one fits 3 programs.
Qualifies on the property's rent, no W-2 or tax returns.
Listing data verified as of June 9, 2026.

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Rent, payment, and cashflow figures are estimates based on current market data and business-purpose investment-loan criteria, for non-owner-occupied property. Not a commitment to lend, not financial advice, and not an offer of any specific loan or property. Listing data may change; properties may sell. All terms confirmed by a loan officer and subject to underwriting and appraisal.