6351 N University Dr UNIT 304TamaracFL33321
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Tamarac rentals match the income profile of 6351 N University Dr UNIT 304, Tamarac, FL, 33321. Listed at $199,800, gross rent is $2,423/mo and net cash flow is $662/mo, a 14.55% yield well above national averages. DSCR 2.70 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $55,201 by year five with $1,840/yr in annual principal reduction, projecting $120,665 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.6% | 7.0% |
| Monthly Cash Flow | $662 | $1,800 |
City averages based on Tamarac market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,423 |
| Total Monthly Debt Service | $1,681 |
| DSCR Ratio | 1.44x |
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 1980
N/A lot
$N/A/sqft
$305 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33321, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,498 (100%) |
| Owner Occupied HU | 17,214 (70.3%) |
| Renter Occupied HU | 5,985 (24.4%) |
| Vacant Housing Units | 1,299 ( 5.3%) |
| Median Home Value | $328,775 |
| Average Home Value | $352,562 |
Housing Distribution
Address Breakdown
Residential
23,229
Single Family
14,300
Multi-Family
8,929
Businesses
763
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 1980
N/A lot
$N/A/sqft
$305 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33321, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,498 (100%) |
| Owner Occupied HU | 17,214 (70.3%) |
| Renter Occupied HU | 5,985 (24.4%) |
| Vacant Housing Units | 1,299 ( 5.3%) |
| Median Home Value | $328,775 |
| Average Home Value | $352,562 |
Housing Distribution
Address Breakdown
Residential
23,229
Single Family
14,300
Multi-Family
8,929
Businesses
763
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices