4333 Coral Springs Dr · Coral Springs, FL 33065

$335,000

4 bd · 3.0 ba · 2,020 sqft · Other · 23 Days on market

Built 1983 Poor condition

---

Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +21.7/30.0
• ARV discount +7.5/15.0
• DSCR +6.9/10.0
• 1% rule +5.7/10.0
• Schools +4.1/10.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +1.0/5.0
• Appreciation +0.0/10.0

Listing remarks

This two story condo in Dear Run Springs sits on a canal with scenic views, including & apos; the biggest tree on the street& apos; . It is prime real estate in an area that allows for a walking commute to 3 different Schools, 3 large shopping centers, a hospital, a police station and an array of expansive parks. It is a great place for bringing up children in a very secure/ friendly neighborhood with plenty of options for leisure/functional activities for the whole family, including a very inclusive restaurant district. Though there is direct access (short walking distance) into commercial and Industrial areas there is no point on the property with anything but residential township

Key facts

• Walking commute
• Expansive parks
• Canal views

Tags

• CANAL VIEWS
• WALKING COMMUTE
• EXPANSIVE PARKS
• FRIENDLY NEIGHBORHOOD

Property features AI

Exterior

• Home design: Built in 1983; Single-family residence
• Construction: Living area approximately 2020; Original construction year 1983
• Exterior features: Located in the Deer Run Springs subdivision

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath other listed at $335k. Condition is rated poor.

Deal economics

• At list price, monthly cash flow is $512 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $335k).
• Recommended offer: $330k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.1% vs local median 3.6% in Coral Springs — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 79/100 on livability (#145 in FL, #2,163 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, crime A; Watch: amenities F, cost of living F.
• Broward (suburban): math 42% / reading 53% proficiency, ranked #46 of 73 in FL (top 63%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents soft (-0.0%/yr); 365 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 2,111 units permitted in Broward County in 2024 (1,265 in 5+ unit buildings).
• At $3,579/mo this rent would consume 58% of the median local household income ($74k/yr) (locally 3488% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.
• Broward County population projected at +34% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 23 days — a 2% lower offer ($330k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $329,975 (1.5% below list)

Questions for the listing agent

1. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.07% ✓
• Cap rate: 8.13%
• Cash-on-cash: 6.55%
• DSCR: 1.29
• GRM: 7.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -9.6%
• Equity multiple: 0.66×
• Total profit: $-32,096
• Equity at exit: $49,950

10-year hold

• IRR: -4.9%
• Equity multiple: 0.72×
• Total profit: $-26,256
• Equity at exit: $28,965

Cash invested: $93,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 33065

• Home prices YoY: -22.0%
• Rents YoY: -0.0%
• Active inventory: 365
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $3,579 high
• Mortgage (P&I): −$1,757
• Tax est. 1.5%: −$419 /mo · $5,025/yr
• Insurance: −$140
• HOA: −$0
• Vacancy / Maint / Mgmt: −$752
• Net cashflow: $512

Break-even live

Break-even rent $2,931

Max offer price $335,000

Occupancy floor 81%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $83,750
• Closing costs: $10,050
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4305 Coral Springs Dr Unit 2H Coral Springs, FL	3.0	3.5	2020	$3,100	$1.53	22d	1	0.02mi
10251 NW 39th Ct Coral Springs, FL	4.0	2.0	2039	$4,750	$2.33	24d	1	0.47mi
4100 NW 110th Ave Unit S Coral Springs, FL	3.0	2.0	1800	$3,450	$1.92	7d	1	0.48mi
10425 NW 48th Mnr Coral Springs, FL	4.0	2.0	2285	$5,400	$2.36	24d	1	0.50mi
10559 La Placida Dr Coral Springs, FL	3.0	2.0	1450	$2,800	$1.93	17d	1	0.56mi
10559 La Placida Dr Coral Springs, FL	3.0	2.0	1450	$2,800	$1.93	24d	1	0.56mi
11235 NW 43rd Pl Coral Springs, FL	4.0	2.0	1826	$4,075	$2.23	2d	1	0.60mi
11221 NW 46th Dr Coral Springs, FL	4.0	2.5	2103	$3,650	$1.74	3d	1	0.62mi
11282 NW 44th St Coral Springs, FL	4.0	2.0	1874	$4,500	$2.40	20d	1	0.67mi
11282 NW 44th St Coral Springs, FL	4.0	2.0	1874	$4,500	$2.40	24d	1	0.67mi
11055 NW 37th St Coral Springs, FL	4.0	3.0	2012	$4,200	$2.09	24d	1	0.69mi
11135 NW 46th Dr Coral Springs, FL	3.0	2.5	1961	$3,250	$1.66	22d	1	0.71mi
3400 Coral Springs Dr Coral Springs, FL	2.0–3.0	2.0	1852	$3,300	$1.78	18d	4	0.72mi
4260 NW 114th Ter #60 Coral Springs, FL	3.0	2.5	1600	$2,990	$1.87	5d	1	0.83mi
10700 W Sample Rd Coral Springs, FL	1.0–3.0	1.0–3.0	1141	$2,972	$2.60	2d	5	0.84mi
11461 NW 39th St Coral Springs, FL	4.0	3.0	1999	$4,700	$2.35	24d	1	0.88mi
3731 NW 114th Ave Coral Springs, FL	3.0	2.0	1903	$3,545	$1.86	7d	1	0.88mi
3731 NW 114th Ave Coral Springs, FL	3.0	2.0	1609	$3,380	$2.10	17d	1	0.88mi
10633 NW 32nd Ct Coral Springs, FL	3.0	2.0	2079	$3,500	$1.68	10d	1	0.91mi
4315 NW 115th Ave Coral Springs, FL	3.0	2.5	1650	$3,200	$1.94	10d	1	0.91mi
11461 NW 38th St Coral Springs, FL	3.0	2.0	1800	$2,800	$1.56	24d	1	0.92mi
5165 NW 99th Way Coral Springs, FL	4.0	2.5	2931	$2,496	$0.85	12d	1	0.96mi
11543 NW 44th St #2 Coral Springs, FL	3.0	2.5	1742	$2,590	$1.49	3d	1	0.98mi
3750 NW 115th Ave Unit 6 Coral Springs, FL	3.0	2.5	1440	$2,100	$1.46	24d	1	1.00mi
11578 NW 39th Pl Coral Springs, FL	4.0	3.0	1880	$4,200	$2.23	24d	1	1.04mi
11511 NW 36th St Coral Springs, FL	3.0	2.0	1510	$2,800	$1.85	24d	1	1.04mi
3050 Coral Springs Dr Unit 3 Coral Springs, FL	3.0	2.0	1400	$2,400	$1.71	24d	1	1.07mi
5285 NW 112th Ter Coral Springs, FL	5.0	3.0	2828	$6,500	$2.30	1d	1	1.09mi
10560 NW 57th Ct Coral Springs, FL	3.0	2.5	1634	$3,400	$2.08	24d	1	1.18mi
10525 NW 57th Ct Unit 10525 Coral Springs, FL	3.0	2.5	1524	$3,000	$1.97	24d	1	1.19mi
9123 NW 38th Dr #33 Coral Springs, FL	3.0	2.5	1550	$2,500	$1.61	24d	1	1.20mi
4823 NW 91st Way Coral Springs, FL	4.0	2.5	2573	$5,850	$2.27	15d	1	1.21mi
4823 NW 91st Way Coral Springs, FL	4.0	2.5	2573	$5,850	$2.27	24d	1	1.21mi
3199 Coral Hills Dr #3 Coral Springs, FL	3.0	2.0	1570	$2,700	$1.72	16d	1	1.23mi
3199 Coral Hills Dr #4 Coral Springs, FL	3.0	2.0	1570	$2,700	$1.72	24d	1	1.23mi
3199 Coral Hills Dr #3 Coral Springs, FL	3.0	2.0	1570	$2,650	$1.69	2d	1	1.23mi
9020 NW 38th Dr #5 Coral Springs, FL	3.0	2.5	1800	$3,100	$1.72	24d	1	1.27mi
8985 NW 45th Ct Coral Springs, FL	3.0	2.0	1983	$4,950	$2.50	24d	1	1.29mi
3165 NW 116th Ave Unit 3165 Coral Springs, FL	3.0	2.0	1696	$3,500	$2.06	24d	1	1.31mi
4723 NW 119th Ave Coral Springs, FL	3.0	2.5	2456	$4,200	$1.71	24d	1	1.33mi

Listing history 13 events

1. 2026-06-18
   days on market $335,000 Active 23 DOM
2. 2026-06-17
   days on market $335,000 Active 22 DOM
3. 2026-06-16
   days on market $335,000 Active 21 DOM
4. 2026-06-15
   days on market $335,000 Active 20 DOM
5. 2026-06-13
   days on market $335,000 Active 18 DOM
6. 2026-06-09
   days on market $335,000 Active 14 DOM
7. 2026-06-07
   days on market $335,000 Active 12 DOM
8. 2026-06-04
   days on market $335,000 Active 9 DOM
9. 2026-06-03
   days on market $335,000 Active 8 DOM
10. 2026-06-02
    days on market $335,000 Active 7 DOM
11. 2026-06-01
    days on market $335,000 Active 6 DOM
12. 2026-05-31
    days on market $335,000 Active 5 DOM
13. 2026-05-26
    listed $335,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (shaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 26 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $42,947
• − Mortgage interest: −$18,765
• − Property taxes: −$5,025
• − Insurance: −$1,675
• − Repairs & maintenance: −$3,436
• − Management: −$3,436
• − Depreciation: −$9,745
• Taxable income: $864
• Est. tax owed @ 24.0%: −$207
• After-tax cash flow: $5,939/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 1 photo

Poor 20/100 Extensive rehab

This property requires extensive renovations across all systems and areas, with major repairs and maintenance needed. Significant updates to the kitchen, bathrooms, exterior, and HVAC system would substantially increase its value for resale and rental.

Repairs flagged

• Major Kitchen — No photos of the kitchen
• Major Bathrooms — No photos of the bathrooms
• Major Roof — No photos of the roof
• Major Exterior — No photos of the exterior
• Major Flooring — No photos of the flooring
• Major Interior walls/paint — No photos of the interior walls/paint
• Major Windows — No photos of the windows
• Major Foundation/structure — No photos of the foundation/structure
• Major HVAC/mechanicals — No photos of the HVAC/mechanicals
• Major Landscaping/curb appeal — No photos of the landscaping/curb appeal

Value-add opportunities

• Both Kitchen renovation — A modern kitchen can significantly increase both resale and rental value
• Both Bathroom renovation — Upgraded bathrooms are a major selling point for both buyers and renters
• Both Exterior painting and landscaping — A fresh coat of paint and well-maintained landscaping can enhance curb appeal and property value
• Both Roof replacement — A new roof is a critical component for both resale and rental value
• Both HVAC system upgrade — A modern HVAC system improves comfort and energy efficiency, attracting both buyers and renters

Renovation cost estimate screening

Repair item	Severity	Est. cost
Kitchen · No photos of the kitchen	Major	$15,000–50,000
Bathrooms · No photos of the bathrooms	Major	$15,000–50,000
Roof · No photos of the roof	Major	$15,000–50,000
Exterior · No photos of the exterior	Major	$15,000–50,000
Flooring · No photos of the flooring	Major	$15,000–50,000
Interior walls/paint · No photos of the interior walls/paint	Major	$15,000–50,000
Windows · No photos of the windows	Major	$15,000–50,000
Foundation/structure · No photos of the foundation/structure	Major	$15,000–50,000
HVAC/mechanicals · No photos of the HVAC/mechanicals	Major	$15,000–50,000
Landscaping/curb appeal · No photos of the landscaping/curb appeal	Major	$15,000–50,000
Total estimated repair cost · 10 items		$150,000–500,000

Value-add ROI direction

• Both Kitchen renovation — A modern kitchen can significantly increase both resale and rental value ↑
• Both Bathroom renovation — Upgraded bathrooms are a major selling point for both buyers and renters ↑
• Both Exterior painting and landscaping — A fresh coat of paint and well-maintained landscaping can enhance curb appeal and property value ↑
• Both Roof replacement — A new roof is a critical component for both resale and rental value ↑
• Both HVAC system upgrade — A modern HVAC system improves comfort and energy efficiency, attracting both buyers and renters ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Broward
• NCES district ID: 1200180
• Math proficiency: 42% ▼ -18.00%
• Reading proficiency: 53% ▼ -5.00%
• Median HH income: $52,139
• Composite: 40.88/100
• National rank: #3621
• State rank: #46 of 73 in FL

Livability — Coral Springs

• Score: 79/100
• State rank: #145
• US rank: #2163

Category grades

Amenities F Commute B Cost of living F Crime A Employment A- Housing A+ Health & safety A+ User ratings C

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Coral Springs, FL
• County: Broward County · 1,963,430 people
• City population: 101,171
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 58,916
• Household income: $74,226
• Rent vs Own: 50.7% rent · 49.3% own
• Severe rent burden: 3488.0

Population outlook (Broward County) Hauer SSP2

• Today (2025): 2,207,033 people
• By 2030: 2,360,704 · +7.0%
• By 2040: 2,661,208 · +20.6%
• By 2050: 2,946,698 · +33.5%
• By 2075: 3,602,273 · +63.2%
• By 2100: 3,970,984 · +79.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Highly diverse neighborhood (Simpson 0.72)
• Race & ethnicity: Hispanic / Latino 33% White 30% Black 28% Two or more races 21% Asian 3%
• Hispanic origin (detail): Mexican 4% Puerto Rican 5% Cuban 2% Dominican 3%
• Common ancestry: Hispanic 9% Romanian 2% Estonian 1%
• Foreign-born: 35% · Canada, Jamaica, China
• Languages at home: 61% English-only · Spanish 26% French/Haitian/Cajun 8% Other Indo-European 3%

Political lean MEDSL · Broward

• 2024 margin: D (+17.0) · D 58.0% · R 41.0%
• 2008→2024 swing: -17.8pp toward R · 2008: 34.7pp · 2024: 17.0pp
• All cycles: 2024: D+17.0 2020: D+29.8 2016: D+35.0 2012: D+34.9 2008: D+34.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -113.43%
• Current HPI: 402.3476
• Rent YoY: ▬ -0.03%
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

1 event — show timeline

• 2026-05-26 Listed $335,000 FSBO.com