215 Ne 16th Ave, Apt 203, Fort Lauderdale, FL 33301

Fort Lauderdale, FL 33301 · 1 bd · 1 ba · 640 sqft · Condo · 11 days on market

The math, in full

Asking price: $200,000
Down payment (15%): $30,000
Loan amount: $170,000
Est. monthly rent: $2,638/mo; Range $2,242 to $3,034/mo
Monthly payment, all-in: $2,093/mo; Mortgage + taxes + insurance (PITIA)
Cashflow ratio (DSCR): 1.26; $2,638 rent ÷ $2,093 payment
Monthly cashflow: +$545/mo; What's left after the payment

Where the rent number comes from

Median asking rent for 1-bedroom homes in zip 33301, from current market comps, not a per-property guess. High confidence: plenty of comparable rentals in this zip.

Cash to start

$30,000

15% down on $200,000

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 July 5, 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.