Investing in Broward County
Broward County covers 3 rental markets we actively finance in Florida — Fort Lauderdale, Hollywood, Pompano Beach. Across those markets the median investment basis averages $508,333, a long-term lease averages $3,667/month, and the average all-in PITIA on a DSCR loan at the minimum down payment is $3,902. That produces a county-wide average DSCR ratio near 0.94x.
Basis varies more inside Broward County than the average suggests. Pompano Beach is the lowest entry point at roughly $465,000, while Pompano Beach currently models the strongest coverage ratio in the county at 0.98x. When two towns in the same county ratio differently, it is almost always the rent-to-price relationship rather than the rate — the same loan pricing applies county-wide, so the deal is won on which submarket you buy in.