4848 N State Road 7 #4305Coral SpringsFL33073
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who treat current yield as secondary to long-run equity growth will find 4848 N State Road 7 #4305, Coral Springs, FL, 33073 in Coral Springs worth modelling. At $269,000 with a 11.49% gross yield, the $2,576/mo rent leaves $28/mo after the $1,210/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 2.13 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $74,320 by year five; $2,478/yr in principal reduction adds further equity. Total projected return: $107,629.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 5.5% |
| Monthly Cash Flow | $28 | $250 |
City averages based on Coral Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,576 |
| Total Monthly Debt Service | $2,441 |
| DSCR Ratio | 1.06x |
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 2000
N/A lot
$N/A/sqft
$533 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33073, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,950 (100%) |
| Owner Occupied HU | 7,427 (57.4%) |
| Renter Occupied HU | 4,980 (38.5%) |
| Vacant Housing Units | 543 ( 4.2%) |
| Median Home Value | $481,927 |
| Average Home Value | $490,357 |
Housing Distribution
Address Breakdown
Residential
12,644
Single Family
8,590
Multi-Family
4,054
Businesses
1,199
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 2000
N/A lot
$N/A/sqft
$533 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33073, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,950 (100%) |
| Owner Occupied HU | 7,427 (57.4%) |
| Renter Occupied HU | 4,980 (38.5%) |
| Vacant Housing Units | 543 ( 4.2%) |
| Median Home Value | $481,927 |
| Average Home Value | $490,357 |
Housing Distribution
Address Breakdown
Residential
12,644
Single Family
8,590
Multi-Family
4,054
Businesses
1,199
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shriniwas Ganediwal • Zenith Keys LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11667412
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.