11856 NW 11th CtCoral SpringsFL33071
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 11856 NW 11th Ct, Coral Springs, FL, 33071 in Coral Springs: $7,529/mo in rent, $585/mo in net income, 9.29% gross yield, 1.72 DSCR, all at $972,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $268,546 in appreciation and $8,952/yr in principal paydown projects total cumulative return of $410,259.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 5.5% |
| Monthly Cash Flow | $585 | $250 |
City averages based on Coral Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,529 |
| Total Monthly Debt Service | $6,557 |
| DSCR Ratio | 1.15x |
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 1996
0.27 Acres lot
$N/A/sqft
$330 monthly 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 1996
0.27 Acres lot
$N/A/sqft
$330 monthly 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
Listed by: Patty Accorto • Keller Williams Central
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11649677
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.