777 S Federal Hwy, Apt RP403, Pompano Beach, FL 33062

Pompano Beach, FL 33062 · 2 bd · 1.5 ba · 911 sqft · Condo · 88 days on market

The math, in full

Asking price: $199,900
Down payment (15%): $29,985
Loan amount: $169,915
Est. monthly rent: $3,200/mo; Range $2,720–$3,680/mo
Monthly payment, all-in: $2,502/mo; Mortgage + taxes + insurance (PITIA)
Cashflow ratio (DSCR): 1.28; $3,200 rent ÷ $2,502 payment
Monthly cashflow: +$698/mo; What's left after the payment

Where the rent number comes from

Median asking rent for 2-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

$29,985

15% down on $199,900

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.