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3534 NW 98th Ter
D- Composite 39.48
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).

  • ARV discount +15.0/15.0
  • Cash flow +6.0/30.0
  • Livability +4.2/5.0
  • Schools +3.8/10.0
  • Condition / age +3.8/5.0
  • 1% rule +3.6/10.0
  • Rent growth +2.7/5.0
  • DSCR +0.4/10.0
  • Appreciation +0.0/10.0

$320,000

3534 NW 98th Ter · Sunrise, FL 33351
3 bd · 2.5 ba · 1,500 sqft · SingleFamily · 62 Days on market
Built 1989 Good condition $213/sqft · 28% below area Est $443k · 28% under $572/mo HOA · 21% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

Discover this beautiful 3-bedroom, 2-bathroom townhome located in the heart of Sunrise! This home offers a spacious layout with an inviting living area and a private backyard perfect for relaxing or entertaining. The community includes a pool, Jacuzzi, tennis courts, and is conveniently located near schools, shopping, dining, and major highways. HOA covers water, trash, sewer, roof, exterior painting, and common area maintenance-providing exceptional value and low-maintenance living. No rental restrictions-rent immediately, making this a great opportunity for both homeowners and investors. Please schedule Showings through ShowingTime. Send offers to jmapprealtor@gmail.

Key facts

  • Community pool
  • Private backyard
  • Tennis courts

Tags

PRIVATE BACKYARDCOMMUNITY POOLJACUZZITENNIS COURTSBASKETBALL COURTSHOPPING

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.5-bath single-family listed at $320k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-607 ($-7k/yr) — negative.
  • To cash-flow at today's rent, offer at most $232k (27.5% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $275k (13.9% below list).
  • Recommended offer: $232k (27.5% below list) — sets the bar for cash-flow.

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.
  • Zoned schools: Nova Blanche Forman Elementary (math 35% / reading 55%, grade D-, #1,271 of 2,144 statewide, top 60%, 769 students, 72% FRL); Nova Middle School (math 44% / reading 53%, grade C-, #274 of 571 statewide, top 50%, 1,284 students, 68% FRL); Piper High School (math 12% / reading 35%, grade F, #533 of 667 statewide, top 80%, 2,310 students, 65% FRL) — zoned schools average 68% FRL vs 51% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents flat; 277 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 54d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 68% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $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 62 days — a 6% lower offer ($301k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts 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

  • Watch-outs: HOA is 21% of rent.
  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $232,145 (27.5% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 62 days. Have you received any prior offers? Is the seller open to a 27% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  7. 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.
  8. 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.
  9. 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
0.86%
Cap rate
4.02%
Cash-on-cash
-8.13%
DSCR
0.64
GRM
9.7

CMA / ARV

ARV (median comp)
$443,497
List price
$320,000
Delta
-27.85%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
10360 NW 31st Ct 0.60mi 3/2.0 1,466 (-2%) 2mo $515,000 $351 65
9470 NW 33rd Mnr 0.38mi 3/2.0 1,627 (+8%) 3mo $585,000 $360 64
9360 NW 33rd Mnr 0.50mi 3/2.0 1,450 (-3%) 8mo $555,000 $383 62
10379 Welleby Isles Blvd 0.47mi 3/2.0 1,616 (+8%) 3mo $496,000 $307 61
9136 NW 32nd Pl 0.71mi 3/2.0 1,524 (+2%) 4mo $535,000 $351 58
3131 NW 106th Ave 0.70mi 3/2.0 1,466 (-2%) 10mo $487,000 $332 54
10411 NW 31st Ct 0.57mi 4/2.0 (+1) 1,611 (+7%) 1mo $571,000 $354 53
4581 NW 95th Ave 0.70mi 4/1.0 (+1) 1,485 (-1%) 2mo $393,000 $265 53
4110 NW 98th Ave 0.39mi 3/2.0 1,697 (+13%) 11mo $600,000 $354 49
4325 NW 103rd Ter 0.56mi 3/2.0 1,660 (+11%) 9mo $520,000 $313 46
10445 NW 31st Ct 0.62mi 3/2.0 1,636 (+9%) 11mo $550,000 $336 45
9321 NW 43rd Mnr 0.70mi 3/2.0 1,630 (+9%) 10mo $475,000 $291 43

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
-33.6%
Equity multiple
-0.07×
Total profit
$-95,832
Equity at exit
$47,713
10-year hold
IRR
-61.5%
Equity multiple
-0.72×
Total profit
$-154,076
Equity at exit
$27,668

Cash invested: $89,600 (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.
Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
17 active · 26 under contract
Months of supply
7.3 mo (14%/mo absorbed)
Median asking
$485,000 ($303/sqft)
Median days on market
50 d
This list price
18% of active listings are priced below it
ARV vs active asking
-2.5% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 33351

Rents YoY
0.9%
Active inventory
277
Price-to-rent
9.7×

Monthly cashflow live

Estimated rent
$2,755 high interval (Pro) →
Mortgage (P&I)
$1,678
Tax est. 1.5%
$400 /mo · $4,800/yr
Insurance
$133
HOA
$572
Vacancy / Maint / Mgmt
$579
Net cashflow
$-607

Break-even live

Break-even rent $3,523
Max offer price $232,145
Occupancy floor

Sensitivity live

Price -10% $-386 -5% $-497 +0% $-607 +5% $-718 +10% $-828
Rent -10% $-825 -5% $-716 +0% $-607 +5% $-498 +10% $-390
Rate -1.0pp $-446 -0.5pp $-526 base $-607 +0.5pp $-690 +1.0pp $-774

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
$80,000
Closing costs
$9,600
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
9741 NW 37th St Sunrise, FL 3.0 2.5 1750 $3,000 $1.71 83d 1 0.06mi
9825 NW 37th St Sunrise, FL 2.0 2.5 1190 $2,450 $2.06 10d 1 0.07mi
9816 NW 36th St Unit 6D Sunrise, FL 2.0 2.0 1190 $2,200 $1.85 32d 1 0.07mi
3633 NW 99th Ter Unit 7B Sunrise, FL 2.0 2.0 1224 $2,500 $2.04 117d 1 0.09mi
3633 NW 99th Ter Unit 7B Sunrise, FL 2.0 2.0 1224 $2,300 $1.88 0d 1 0.09mi
9827 NW 37th St Unit 4F Sunrise, FL 2.0 2.0 1190 $2,400 $2.02 120d 1 0.09mi
9821 NW 37th St Unit 7F Sunrise, FL 3.0 2.0 1435 $2,700 $1.88 38d 1 0.09mi
3551 NW 95th Ter #303 Sunrise, FL 3.0 2.0 1330 $2,900 $2.18 28d 1 0.19mi
9814 Nob Hill Ct #9814 Sunrise, FL 2.0 2.0 1100 $2,000 $1.82 29d 1 0.21mi
3581 NW 95th Ter #603 Sunrise, FL 3.0 2.0 1330 $3,300 $2.48 60d 1 0.22mi
3571 NW 95th Ter #705 Sunrise, FL 3.0 2.0 1330 $2,800 $2.11 54d 1 0.23mi
3571 NW 95th Ter #707 Sunrise, FL 3.0 2.0 1241 $3,100 $2.50 44d 1 0.23mi
9879 Nob Hill Ct Unit 9879 Sunrise, FL 3.0 2.0 1216 $2,400 $1.97 67d 1 0.25mi
9785 Nob Hill Ct Unit 9785 Sunrise, FL 3.0 2.0 1216 $2,400 $1.97 120d 1 0.25mi
9877 Nob Hill Ln #9877 Sunrise, FL 3.0 2.0 1216 $2,250 $1.85 28d 1 0.25mi
9937 Nob Hill Pl Sunrise, FL 3.0 2.0 1216 $2,750 $2.26 45d 1 0.25mi
9945 Nob Hill Pl Unit 9945 Sunrise, FL 3.0 2.0 1216 $2,400 $1.97 120d 1 0.25mi
9827 Nob Hill Ct Sunrise, FL 3.0 2.0 1216 $2,400 $1.97 120d 1 0.26mi
3692 NW 95th Ter Unit 7M Sunrise, FL 3.0 2.0 1195 $2,400 $2.01 20d 1 0.30mi
3665 NW 94th Ave Unit 3J Sunrise, FL 3.0 2.0 1195 $2,200 $1.84 11d 1 0.37mi
3665 NW 94th Ave Unit 3J Sunrise, FL 3.0 2.0 1195 $2,300 $1.92 84d 1 0.37mi
3665 NW 94th Ave Unit 3J Sunrise, FL 3.0 2.0 1195 $2,300 $1.92 45d 1 0.37mi
10240 NW 33rd Pl Sunrise, FL 3.0 2.0 1512 $2,750 $1.82 78d 1 0.37mi
10000 Reflections Blvd Sunrise, FL 1.0–2.0 1.0–2.5 964 $2,870 $2.98 0d 29 0.40mi
3160 NW 101st Ave Sunrise, FL 3.0 2.0 1780 $4,000 $2.25 120d 1 0.40mi
3344 NW 103rd Ave Sunrise, FL 3.0 2.0 1512 $3,100 $2.05 103d 1 0.41mi
4125 NW 96th Ter #4125 Sunrise, FL 4.0 2.0 1997 $4,100 $2.05 120d 1 0.43mi
9505 NW 42nd St #9505 Sunrise, FL 3.0 2.5 1700 $2,850 $1.68 20d 1 0.43mi
9505 NW 42nd St Sunrise, FL 3.0 2.5 1700 $2,850 $1.68 6d 1 0.43mi
9521 NW 42nd St Unit 9521 Sunrise, FL 3.0 2.5 1580 $3,000 $1.90 99d 1 0.44mi
9521 NW 42nd St Unit 9521 Sunrise, FL 3.0 2.5 1580 $3,000 $1.90 120d 1 0.44mi
9915 NW 41st Ct Unit 9915 Sunrise, FL 3.0 2.0 2174 $3,350 $1.54 120d 1 0.45mi
9321 NW 35th Mnr Sunrise, FL 3.0 2.0 1904 $3,900 $2.05 35d 1 0.48mi
9321 NW 35th Mnr Sunrise, FL 3.0 2.0 1904 $3,900 $2.05 54d 1 0.48mi
9703 NW 42nd Ct Sunrise, FL 4.0 2.0 1979 $2,971 $1.50 71d 1 0.49mi
9815 NW 43rd St Sunrise, FL 4.0 2.0 1720 $4,200 $2.44 18d 1 0.54mi
3555 NW 91st Ln Sunrise, FL 4.0 2.5 1606 $2,650 $1.65 11d 1 0.54mi
3767 NW 91st Ln Sunrise, FL 3.0 2.5 1556 $2,800 $1.80 89d 1 0.56mi
4047 NW 92nd Ave Sunrise, FL 3.0 3.0 1444 $2,700 $1.87 45d 1 0.57mi
2929 NW 99th Ter Sunrise, FL 2.0 2.0 1368 $2,600 $1.90 10d 1 0.59mi

Property features AI

Finance

Financial info
Pets allowed with size limit (more than 20 lbs allowed)
HOA & community
Monthly association feeAssociation fee covers grounds maintenance and recreation facilities

Exterior

Parking
DrivewayTwo covered carport spaces (2-car carport)
Utilities
Public waterPublic sewer
Home design
Two-story propertyBlock constructionShingle roofEffective year built
Construction
Block constructionShingle roofEffective year built
Exterior features
Barbecue areaFenced yardOn-site tennis court(s)Lot smaller than a quarter acreFaces west

Interior

Kitchen
DishwasherDisposalRefrigerator
Flooring
Tile
Bathrooms
Two full bathroomsOne half bathroom
Heating & cooling
Electric cooling
Interior features
First-floor entryBedroom on main level
Laundry & utility
WasherDryer

HOA detail $572/mo · $6,864/yr

Likely covers
watersewertrashpool

Listing history 30 events

  1. 2026-07-07
    days on market $320,000 Active 62 DOM
  2. 2026-07-06
    days on market $320,000 Active 61 DOM
  3. 2026-07-06
    days on market $320,000 Active 60 DOM
  4. 2026-07-05
    days on market $320,000 Active 59 DOM
  5. 2026-07-03
    days on market $320,000 Active 58 DOM
  6. 2026-07-02
    days on market $320,000 Active 57 DOM
  7. 2026-07-01
    days on market $320,000 Active 56 DOM
  8. 2026-06-30
    days on market $320,000 Active 55 DOM
  9. 2026-06-29
    days on market $320,000 Active 54 DOM
  10. 2026-06-28
    days on market $320,000 Active 53 DOM
  11. 2026-06-27
    days on market $320,000 Active 52 DOM
  12. 2026-06-26
    days on market $320,000 Active 51 DOM
  13. 2026-06-24
    days on market $320,000 Active 49 DOM
  14. 2026-06-22
    days on market $320,000 Active 47 DOM
  15. 2026-06-21
    days on market $320,000 Active 46 DOM
  16. 2026-06-18
    days on market $320,000 Active 43 DOM
  17. 2026-06-17
    remarks 680-char remark
  18. 2026-06-17
    statusdays on market $320,000 Active 42 DOM
  19. 2026-06-16
    days on market $320,000 Active Under Contract 41 DOM
  20. 2026-06-15
    days on market $320,000 Active Under Contract 40 DOM
  21. 2026-06-13
    days on market $320,000 Active Under Contract 38 DOM
  22. 2026-06-09
    days on market $320,000 Active Under Contract 34 DOM
  23. 2026-06-08
    days on market $320,000 Active Under Contract 33 DOM
  24. 2026-06-07
    days on market $320,000 Active Under Contract 32 DOM
  25. 2026-06-04
    days on market $320,000 Active Under Contract 29 DOM
  26. 2026-06-03
    days on market $320,000 Active Under Contract 28 DOM
  27. 2026-06-02
    statusdays on market $320,000 Active Under Contract 27 DOM
  28. 2026-06-01
    days on market $320,000 Active 26 DOM
  29. 2026-05-31
    days on market $320,000 Active 25 DOM
  30. 2026-05-06
    listed $320,000 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 3/10 Moderate
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 27 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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$33,058
− Mortgage interest
−$17,925
− Property taxes
−$4,800
− Insurance
−$1,600
− Repairs & maintenance
−$2,645
− Management
−$2,645
− HOA
−$6,864
− Depreciation
−$9,309
Taxable loss
−$12,730
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$3,055
After-tax cash flow
$-4,231/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 · 12 photos

Good 75/100 Cosmetic rehab Est. rehab $7,500–$22,500 screening

This 3-bedroom, 2.5-bathroom townhome in Sunrise is in good condition with cosmetic updates needed to modernize the kitchen and bathroom. The property is well-maintained and located in a desirable community with low-maintenance living provided by the HOA.

Repairs flagged

  • Moderate kitchen cabinets — dated and in need of updating
  • Moderate kitchen countertops — dated and in need of updating
  • Moderate kitchen appliances — dated and in need of updating
  • Minor bathroom fixtures — basic and in need of updating

Value-add opportunities

  • Both kitchen renovation — modernizing the kitchen would significantly increase both resale and rental value
  • Both bathroom renovation — updating the bathroom would also increase both resale and rental value
  • Both landscaping — improved landscaping would enhance curb appeal and attract more potential buyers

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 38/100

Zoned Schools

Elementary Welleby Elementary School D FL #1,088/2,144 Nat'l #12,785/41,679 Middle Westpine Middle School D- FL #340/571 Nat'l #5,398/14,009 High Piper High School F FL #533/667 Nat'l #13,485/17,239

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
A Composite livability gradescore 83/100

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 · 2,207,033 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
13% of renters

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

Price history

3 events — show timeline
  • 2026-06-16 Relisted MARMLS
  • 2026-06-02 Contingent MARMLS
  • 2026-05-06 Listed $320,000 MARMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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