8550 N Sherman Cir APT 105MiramarFL33025
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 8550 N Sherman Cir APT 105, Miramar, FL, 33025 in Miramar achieves a 1.82 ratio at $260,000: $2,123/mo rent versus $1,169/mo debt service. Rental yield 9.8%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 9.8% yield compounds alongside 5% annual appreciation projecting $71,833 in value. Total projected cumulative return: $97,605.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 6.0% |
| Monthly Cash Flow | $(54) | $1,200 |
City averages based on Miramar market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,123 |
| Total Monthly Debt Service | $2,073 |
| DSCR Ratio | 1.02x |
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 1982
N/A lot
$N/A/sqft
$411 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33025, Hollywood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,536 (100%) |
| Owner Occupied HU | 12,747 (40.4%) |
| Renter Occupied HU | 16,717 (53.0%) |
| Vacant Housing Units | 2,072 ( 6.6%) |
| Median Home Value | $399,882 |
| Average Home Value | $450,128 |
Housing Distribution
Address Breakdown
Residential
29,855
Single Family
16,474
Multi-Family
13,381
Businesses
1,102
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 1982
N/A lot
$N/A/sqft
$411 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33025, Hollywood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,536 (100%) |
| Owner Occupied HU | 12,747 (40.4%) |
| Renter Occupied HU | 16,717 (53.0%) |
| Vacant Housing Units | 2,072 ( 6.6%) |
| Median Home Value | $399,882 |
| Average Home Value | $450,128 |
Housing Distribution
Address Breakdown
Residential
29,855
Single Family
16,474
Multi-Family
13,381
Businesses
1,102
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ahmed Brhan • Keller Williams Eagle Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11706823
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.