3110 N Pine Island Rd #409SunriseFL33351
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 3110 N Pine Island Rd #409, Sunrise, FL, 33351 in Sunrise at $175,000 earns $1,361/mo in rent and nets $200/mo after the $787/mo payment, a 9.33% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $48,349 over five years. Ziffy Mortgage underwrites this on a 1.73 DSCR without U.S. credit history. With $1,612/yr in principal paydown, total projected return reaches $79,593.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 7.0% |
| Monthly Cash Flow | $200 | $300 |
City averages based on Sunrise market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,361 |
| Total Monthly Debt Service | $1,092 |
| DSCR Ratio | 1.25x |
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 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33351, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,003 (100%) |
| Owner Occupied HU | 8,001 (53.3%) |
| Renter Occupied HU | 6,211 (41.4%) |
| Vacant Housing Units | 791 ( 5.3%) |
| Median Home Value | $391,599 |
| Average Home Value | $435,789 |
Housing Distribution
Address Breakdown
Residential
14,164
Single Family
9,691
Multi-Family
4,473
Businesses
1,918
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 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33351, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,003 (100%) |
| Owner Occupied HU | 8,001 (53.3%) |
| Renter Occupied HU | 6,211 (41.4%) |
| Vacant Housing Units | 791 ( 5.3%) |
| Median Home Value | $391,599 |
| Average Home Value | $435,789 |
Housing Distribution
Address Breakdown
Residential
14,164
Single Family
9,691
Multi-Family
4,473
Businesses
1,918
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices