2901 N Nob Hill Rd APT 305SunriseFL33322
INVESTMENT ANALYSIS
Investment Verdict
Solid Income2901 N Nob Hill Rd APT 305, Sunrise, FL, 33322 in Sunrise carries a 1.51 coverage ratio, rent of $1,625/mo is 1.51 times the $1,075/mo payment. Rental yield 8.16%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $239,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $66,031; total projected cumulative return: $62,761.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 7.0% |
| Monthly Cash Flow | $(475) | $300 |
City averages based on Sunrise market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,625 |
| Total Monthly Debt Service | $2,005 |
| DSCR Ratio | 0.81x |
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 1984
N/A lot
$N/A/sqft
$514 monthly HOA
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 1984
N/A lot
$N/A/sqft
$514 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Glenn Stricklin • United Realty Group Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11725960
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.