2836 Coral Springs Dr UNIT 2836Coral SpringsFL33065
INVESTMENT ANALYSIS
Investment Verdict
Solid Income2836 Coral Springs Dr UNIT 2836, Coral Springs, FL, 33065 in Coral Springs carries a 1.73 coverage ratio, rent of $1,462/mo is 1.73 times the $845/mo payment. Rental yield 9.4%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $187,900 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $51,913; total projected cumulative return: $44,301.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 5.5% |
| Monthly Cash Flow | $(461) | $250 |
City averages based on Coral Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,462 |
| Total Monthly Debt Service | $1,858 |
| DSCR Ratio | 0.79x |
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 1988
N/A lot
$N/A/sqft
$686 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33065, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,438 (100%) |
| Owner Occupied HU | 10,540 (49.2%) |
| Renter Occupied HU | 9,904 (46.2%) |
| Vacant Housing Units | 994 ( 4.6%) |
| Median Home Value | $466,135 |
| Average Home Value | $508,045 |
Housing Distribution
Address Breakdown
Residential
20,582
Single Family
12,579
Multi-Family
8,003
Businesses
1,496
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 1988
N/A lot
$N/A/sqft
$686 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33065, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,438 (100%) |
| Owner Occupied HU | 10,540 (49.2%) |
| Renter Occupied HU | 9,904 (46.2%) |
| Vacant Housing Units | 994 ( 4.6%) |
| Median Home Value | $466,135 |
| Average Home Value | $508,045 |
Housing Distribution
Address Breakdown
Residential
20,582
Single Family
12,579
Multi-Family
8,003
Businesses
1,496
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Danny Lewis • Lewis Real Estate Group Inc
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10497916
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.