8550 N Sherman Cir APT 507MiramarFL33025
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Miramar rentals match the income profile of 8550 N Sherman Cir APT 507, Miramar, FL, 33025. Listed at $216,000, gross rent is $2,413/mo and net cash flow is $861/mo, a 13.41% yield well above national averages. DSCR 2.49 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $59,677 by year five with $1,989/yr in annual principal reduction, projecting $138,237 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.4% | 6.0% |
| Monthly Cash Flow | $861 | $1,200 |
City averages based on Miramar market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,413 |
| Total Monthly Debt Service | $1,467 |
| DSCR Ratio | 1.65x |
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
No 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
No 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
