ZIP CODE 33027 // MIAMI-FORT LAUDERDALE-POMPANO BEACH, FL // DATA AS OF 2026-09-30
Miramar, FL (33027) Rental Property Cap Rate & Cash Flow Report
Located in Broward County (Miramar, FL), Zip Code 33027 ranks #61 of 500 within this selected sample (88th percentile) with a Zillow ZHVI typical home-value index of $470,967 (-2.6% YoY) and a ZORI observed market rent of $2,777/mo (+1.7% YoY). Requires at least 35.8% down payment at 6.5% interest to reach $0/mo break-even cash flow. This model combines different housing populations; it is not an observed average property return. Costs assume state-average tax, 0.5% annual insurance, 13% reserves and no HOA or management. Figures below follow your edits; this headline describes the original benchmark.
Net Monthly Cash Flow
-$472/mo
Annual: -$5,662/yr
Modeled Cap Rate
4.87%
NOI: $22,916/yr
Cash-on-Cash Return
-5.23%
Cash Needed: $108,322
1% Rule Ratio
0.59%
Gross Yield: 7.08%
Break-Even Rent
$3,319/mo
State Tax: 0.79%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 33027 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (FL Avg 0.79%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$2,381/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$867/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (33027)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $387,815 | $2,178/mo | 6.74% |
| 2022 | $459,930 | $2,605/mo | 6.80% |
| 2023 | $490,152 | $2,673/mo | 6.54% |
| 2024 | $504,610 | $2,724/mo | 6.48% |
| 2025 | $483,364 | $2,731/mo | 6.78% |
| 2026 | $470,967 | $2,777/mo | 7.08% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 33033 Homestead, FL | $435,038 | $2,595/mo | 4.94% | -$410/mo |
| 33064 Deerfield Beach, FL | $361,279 | $2,156/mo | 4.94% | -$339/mo |
| 33578 Riverview, FL | $334,713 | $1,937/mo | 4.75% | -$367/mo |
| 33015 Hialeah, FL | $398,161 | $2,291/mo | 4.72% | -$448/mo |
| 33012 Hialeah, FL | $385,957 | $2,212/mo | 4.69% | -$442/mo |
| 33032 Homestead, FL | $455,555 | $2,580/mo | 4.62% | -$549/mo |