11643 NW 11th PlCoral SpringsFL33071
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 11643 NW 11th Pl, Coral Springs, FL, 33071 in Coral Springs speaks for itself: 13.35% gross on a $650,000 price, generating $7,230/mo in rent and $2,568/mo in net income after the $2,923/mo debt service. DSCR 2.47, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $30,814 stacks alongside $179,583 in projected five-year appreciation and $5,987/yr in principal reduction. Projected total cumulative return: $414,515.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.4% | 5.5% |
| Monthly Cash Flow | $2,568 | $250 |
City averages based on Coral Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,230 |
| Total Monthly Debt Service | $4,404 |
| DSCR Ratio | 1.64x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1995
4,320 sqft lot
$N/A/sqft
$695 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33071, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,674 (100%) |
| Owner Occupied HU | 9,464 (64.5%) |
| Renter Occupied HU | 4,764 (32.5%) |
| Vacant Housing Units | 446 ( 3.0%) |
| Median Home Value | $587,718 |
| Average Home Value | $600,818 |
Housing Distribution
Address Breakdown
Residential
13,659
Single Family
10,505
Multi-Family
3,154
Businesses
741
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1995
4,320 sqft lot
$N/A/sqft
$695 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33071, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,674 (100%) |
| Owner Occupied HU | 9,464 (64.5%) |
| Renter Occupied HU | 4,764 (32.5%) |
| Vacant Housing Units | 446 ( 3.0%) |
| Median Home Value | $587,718 |
| Average Home Value | $600,818 |
Housing Distribution
Address Breakdown
Residential
13,659
Single Family
10,505
Multi-Family
3,154
Businesses
741
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices