3050 Sunrise Lakes Dr UNIT 223SunriseFL33322
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 3050 Sunrise Lakes Dr UNIT 223, Sunrise, FL, 33322 in Sunrise: $1,926/mo in rent, $585/mo net, 18.79% gross yield, all on a $123,000 acquisition. The 3.48 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $33,983 in value, and $1,133/yr in principal paydown steadily builds equity. Projected total cumulative return: $86,854.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 18.8% | 7.0% |
| Monthly Cash Flow | $585 | $300 |
City averages based on Sunrise market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,926 |
| Total Monthly Debt Service | $1,292 |
| DSCR Ratio | 1.49x |
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.
Condo
Built in 1974
N/A lot
$N/A/sqft
$405 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 1974
N/A lot
$N/A/sqft
$405 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices