4302 NW 96th Ter · Sunrise, FL 33351

$5,000

3 bd · 2.0 ba · 1,488 sqft · SingleFamily public records · 7 Days on market

Built 1987

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Why this score? — see what drove the D+ 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 +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Livability +4.2/5.0
• Schools +4.1/10.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

NEW ROOF JUST INSTALLED!!! HILLS OF WELLEBY, VERY AFFORDABLE 3/2 IN A VERY WELL KEPT NEIGHBORHOOD. OWNER HAS LISTED AT BELOW MARKET DUE TO RELOCATING. THIS HOME FEATURES NEW KITCHEN APPLIANCES, LUSH LANDSCAPING, CUL DE SAC, ALARM, COVERED PATIO, POND WITH FISH, BOAT PARKING ON THESIDE OF HOUSE, OVERSIZED CORNER LOT, NEW CARPET, FRESH PAINT, EAT IN KITCHEN, FORMAL DINING ROOM. THIS VERY NICE HOME/ AREA WILL GO FAST AT THIS PRICE SO CALL FOR EASY SHOWING.

Key facts

• 2 garage spots
• Listed 7 days

Property features AI

Exterior

• Parking: 2-car garage
• Home design: Residential property; 1 story
• Exterior features: Lot approximately 0.19 acres; Zoned residential

Interior

• Bathrooms: 2 full bathrooms
• Interior features: Single-story layout

🏷️ Possibly a rental listed for sale. The $5,000 price doesn't fit this home's estimated sale value (~$422,592) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $5k.

Deal economics

• At list price, monthly cash flow is $2k ($26k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $5k).
• Cap rate 521.0% vs local median 4.9% in Sunrise — 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 83/100 on livability (#56 in FL, #986 nationally) — a professional / high-income tenant draw. Strengths: commute A+, housing A+, health & safety A+; Watch: employment C-, amenities 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 flat; 189 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); solid renter incomes; 2,111 units permitted in Broward County in 2024 (1,265 in 5+ unit buildings).
• This rent runs 43% of the median local income ($77k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $35 of loan paydown is wiped out by about $150 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.
• At projected returns (-3.0% appreciation + 0.9% rent growth), your $1k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 20y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 6→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $5,000

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
3. 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.
4. 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.
5. 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: 55.17% ✓
• Cap rate: 520.98%
• Cash-on-cash: 1838.18%
• DSCR: 82.79
• GRM: 0.2

CMA / ARV

• ARV (on-the-fly): $422,592
• Comps found: 5

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
9217 NW 49th Pl	0.60mi	3/2.0	1,395 (-6%)	1mo	$350,000	$251	61
4650 NW 99th Ave	0.27mi	3/2.0	1,420 (-5%)	24mo	$510,000	$359	60
4120 NW 98th Ave	0.18mi	3/2.0	1,643 (+10%)	18mo	$605,000	$368	59
4457 NW 92nd Ave #4457	0.38mi	3/2.0	1,541 (+4%)	22mo	$399,000	$259	57
5221 NW 96th Ave	0.65mi	3/2.0	1,620 (+9%)	5mo	$460,000	$284	50

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.9% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 93.94×
• Total profit: $130,110
• Equity at exit: $746

10-year hold

• IRR: —
• Equity multiple: 191.63×
• Total profit: $266,884
• Equity at exit: $432

Cash invested: $1,400 (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 33351

• Rents YoY: 0.9%
• Active inventory: 189
• Price-to-rent: 0.2×

Monthly cashflow live

• Estimated rent: $2,758 high
• Mortgage (P&I): −$26
• Tax est. 1.5%: −$6 /mo · $75/yr
• Insurance: −$2
• HOA: −$0
• Vacancy / Maint / Mgmt: −$579
• Net cashflow: $2,145

Break-even live

Break-even rent $44

Max offer price $5,000

Occupancy floor 17%

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: $1,250
• Closing costs: $150
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4515 NW 94th Way Unit 4615 Sunrise, FL	3.0	2.0	1290	$3,100	$2.40	2d	1	0.11mi
9521 NW 42nd St Unit 9521 Sunrise, FL	3.0	2.5	1580	$3,000	$1.90	24d	1	0.20mi
9521 NW 42nd St Unit 9521 Sunrise, FL	3.0	2.5	1580	$3,000	$1.90	4d	1	0.20mi
9827 Nob Hill Ct Sunrise, FL	3.0	2.0	1216	$2,400	$1.97	24d	1	0.34mi
9981 Nob Hill Ct Unit 9981 Sunrise, FL	2.0	2.0	986	$2,300	$2.33	24d	1	0.34mi
9964 Nob Hill Pl #9964 Sunrise, FL	2.0	2.0	986	$2,000	$2.03	7d	1	0.34mi
9964 Nob Hill Pl #9964 Sunrise, FL	2.0	2.0	986	$2,100	$2.13	24d	1	0.34mi
9785 Nob Hill Ct Unit 9785 Sunrise, FL	3.0	2.0	1216	$2,400	$1.97	24d	1	0.34mi
9945 Nob Hill Pl Unit 9945 Sunrise, FL	3.0	2.0	1216	$2,400	$1.97	24d	1	0.34mi
9349 NW 47th St Sunrise, FL	3.0	2.0	1783	$4,000	$2.24	14d	1	0.36mi
9979 Nob Hill Ln Sunrise, FL	2.0	2.0	986	$2,100	$2.13	18d	1	0.37mi
4683 NW 99th Ter Sunrise, FL	3.0	2.0	1676	$3,500	$2.09	7d	1	0.39mi
4872 NW 95th Ave Sunrise, FL	3.0	2.5	1570	$2,995	$1.91	24d	1	0.41mi
9878 Nob Hill Ct #9878 Sunrise, FL	2.0	2.0	900	$2,200	$2.44	24d	1	0.42mi
9878 Nob Hill Ct #9878 Sunrise, FL	2.0	2.0	900	$2,100	$2.33	12d	1	0.42mi
10000 Reflections Blvd Sunrise, FL	1.0–2.0	1.0–2.5	964	$2,695	$2.80	2d	31	0.44mi
9926 Nob Hill Ct #9926 Sunrise, FL	2.0	2.0	915	$2,400	$2.62	24d	1	0.44mi
9954 Nob Hill Ct #9954 Sunrise, FL	2.0	2.0	900	$1,900	$2.11	24d	1	0.44mi
9982 Nob Hill Ct #9982 Sunrise, FL	2.0	2.0	900	$2,200	$2.44	12d	1	0.46mi
9404 NW 49th Pl Sunrise, FL	2.0	2.0	920	$2,150	$2.34	24d	1	0.48mi
#9992 Fort Lauderdale, FL	2.0	2.0	986	$2,100	$2.13	24d	1	0.49mi
#9893 Fort Lauderdale, FL	2.0	2.0	986	$1,975	$2.00	24d	1	0.49mi
9827 NW 37th St Unit 4F Sunrise, FL	2.0	2.0	1190	$2,400	$2.02	24d	1	0.52mi
4070 NW 91st Ter Sunrise, FL	4.0	2.5	1848	$3,000	$1.62	7d	1	0.52mi
3621 NW 95th Ter #523 Sunrise, FL	2.0	2.0	970	$2,150	$2.22	24d	1	0.54mi
8894 NW 44th St Sunrise, FL	1.0–3.0	1.0–2.0	1040	$3,340	$3.21	24d	1	0.56mi
8894 NW 44th St Unit 6-114 Sunrise, FL	2.0	2.0	1131	$2,880	$2.55	24d	1	0.56mi
3571 NW 95th Ter #707 Sunrise, FL	3.0	2.0	1241	$3,100	$2.50	24d	1	0.56mi
3689 NW 94th Ave #51 Sunrise, FL	2.0	2.0	925	$2,250	$2.43	7d	1	0.57mi
3625 NW 94th Ave Unit 3G Sunrise, FL	2.0	2.0	925	$1,995	$2.16	24d	1	0.57mi
3633 NW 99th Ter Unit 7B Sunrise, FL	2.0	2.0	1224	$2,500	$2.04	7d	1	0.57mi
3633 NW 99th Ter Unit 7B Sunrise, FL	2.0	2.0	1224	$2,500	$2.04	22d	1	0.57mi
3930 NW 91st Ter #3930 Sunrise, FL	3.0	2.5	1444	$3,200	$2.22	24d	1	0.57mi
3981 NW 90th Way Sunrise, FL	3.0	2.5	1445	$2,800	$1.94	24d	1	0.59mi
9571 NW 52nd St Sunrise, FL	3.0	2.0	1620	$3,700	$2.28	7d	1	0.59mi
3811 NW 91st Ter Sunrise, FL	3.0	3.0	1444	$2,900	$2.01	24d	1	0.60mi
9471 NW 52nd St Sunrise, FL	3.0	2.0	1494	$3,299	$2.21	24d	1	0.61mi
3776 NW 91st Ln #3776 Sunrise, FL	2.0	2.0	886	$2,000	$2.26	24d	1	0.65mi
4728 NW 90th Ave Sunrise, FL	3.0	2.5	1512	$2,500	$1.65	20d	1	0.69mi
3531 NW 94th Ave Unit 6B Sunrise, FL	2.0	2.0	925	$1,925	$2.08	14d	1	0.69mi

Listing history 6 events

1. 2026-06-09
   days on market $5,000 Active 7 DOM
2. 2026-06-08
   days on market $5,000 Active 6 DOM
3. 2026-06-07
   days on market $5,000 Active 5 DOM
4. 2026-06-04
   days on market $5,000 Active 2 DOM
5. 2026-06-02
   remarks 286-char remark
6. 2026-06-02
   listed $5,000 Active 1 DOM

ⓘ 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 6 d/yr ≥106°F today · 20 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $33,100
• − Mortgage interest: −$280
• − Property taxes: −$75
• − Insurance: −$25
• − Repairs & maintenance: −$2,648
• − Management: −$2,648
• − Depreciation: −$145
• Taxable income: $27,279
• Est. tax owed @ 24.0%: −$6,547
• After-tax cash flow: $19,188/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.

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 — Sunrise

• Score: 83/100
• State rank: #56
• US rank: #986

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Sunrise, FL
• County: Broward County · 1,963,430 people
• City population: 77,492
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 36,364
• Household income: $77,363
• Rent vs Own: 44.4% rent · 55.6% own
• Severe rent burden: 1753.0

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 0.70)
• Race & ethnicity: Black 38% Hispanic / Latino 32% White 21% Two or more races 19% Asian 5%
• Hispanic origin (detail): Puerto Rican 5% Cuban 4% Dominican 1%
• Common ancestry: Hispanic 7% Romanian 1% Scotch-Irish 1%
• Foreign-born: 40% · Canada, Jamaica, Dominican Republic
• Languages at home: 57% English-only · Spanish 29% French/Haitian/Cajun 6% Other Indo-European 4%

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: ▼ -238.70%
• Current HPI: 395.4292
• Rent YoY: ▲ 0.90%
• 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

-94.4% since first listed

7 events — show timeline

• 2026-06-02 Listed $5,000 NFMLS
• 2006-11-06 Sold (Public Records) $340,000 Public Records
• 2006-11-02 Sold (MLS) $340,000 MARMLS
• 2006-08-07 Listed $348,000 MARMLS
• 1997-04-18 Sold (Public Records) $134,000 Public Records
• 1995-09-12 Sold (Public Records) $119,700 Public Records
• 1987-01-28 Sold (Public Records) $90,000 Public Records

Property tax history

+9.6%/yr

Latest (2025): $9,671 · +5.0% YoY. Source: county tax records.