16100 Emerald Estates Dr APT 293WestonFL33331
INVESTMENT ANALYSIS
Investment Verdict
Solid Income16100 Emerald Estates Dr APT 293, Weston, FL, 33331 in Weston carries a 1.50 coverage ratio, rent of $4,130/mo is 1.50 times the $2,761/mo payment. Rental yield 8.07%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $614,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $169,637; total projected cumulative return: $147,586.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.0% |
| Monthly Cash Flow | $(1,445) | $300 |
City averages based on Weston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,130 |
| Total Monthly Debt Service | $5,331 |
| DSCR Ratio | 0.77x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Condo
Built in 2006
N/A lot
$N/A/sqft
$3,995 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33331, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,787 (100%) |
| Owner Occupied HU | 6,485 (83.3%) |
| Renter Occupied HU | 1,144 (14.7%) |
| Vacant Housing Units | 158 ( 2.0%) |
| Median Home Value | $691,542 |
| Average Home Value | $796,222 |
Housing Distribution
Address Breakdown
Residential
7,797
Single Family
6,970
Multi-Family
827
Businesses
413
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
Condo
Built in 2006
N/A lot
$N/A/sqft
$3,995 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33331, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,787 (100%) |
| Owner Occupied HU | 6,485 (83.3%) |
| Renter Occupied HU | 1,144 (14.7%) |
| Vacant Housing Units | 158 ( 2.0%) |
| Median Home Value | $691,542 |
| Average Home Value | $796,222 |
Housing Distribution
Address Breakdown
Residential
7,797
Single Family
6,970
Multi-Family
827
Businesses
413
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices