Coconut Creek, FL — Rental Investment Analysis

🟢STRONGexcellent cash flow market

Data: HUD FMR FY2024 + Zillow ZHVI April 2026 + Freddie Mac rates. Last updated June 2026.

Investment Summary

As of 2026, Coconut Creek, FL has a median cap rate of 8.3%, making it one of the top cash-flowing rental markets in the United States.

Coconut Creek is one of the strongest cash flow markets in the data. Median home price sits at $360,574 — moderate by national standards, requiring a solid down payment but not out of reach. With 3-bedroom rents around $3,115/month, the 8.3% cap rate tells the story. Expect around +$124/month cash flow after mortgage, taxes, insurance, and reserves.

The market passes the 1% rule (1.02%), which is increasingly rare and signals strong rent-to-price fundamentals. DSCR of 1.30 means the property's income comfortably covers debt service — DSCR loans should be easy to qualify for here.

Bottom line: Buy here if you want reliable monthly income. Coconut Creek is a cash flow market — don't expect rapid appreciation, but the checks come in every month.

Data sources: HUD Fair Market Rents (FY2024), Zillow Home Value Index (April 2026), Freddie Mac Primary Mortgage Market Survey.

Cap Rate

8.3%

Above average

Monthly Cash Flow

+$124

After all expenses

Price-to-Rent

9.2

Investor-friendly

DSCR

1.30

Passes lender test

Key Metrics

Median Home Price
$360,574
Average Rent (3BR)
$3,115/mo
Price-to-Rent Ratio
9.2(good)
1% Rule
1.02%(passes)
Cash-on-Cash Return
8.3%
Vacancy Rate
8.0%

Market Strength

Unemployment Rate
4.8%(+0.5% vs national)
Rent Growth (YoY)
+2.9%(national avg)
Population Growth
+5.6% YoY

Assumptions Used

20% down, 6.52% rate, 30yr, 8% vacancy, 10% maintenance

Customize these numbers →

Property Tax Rate

0.86%

of assessed value (FL avg)

Median Income

$63,062

household (FL avg)

Rent-to-Income

59.3%

Stretched

Section 8 Max Rent

$3,115/mo

3BR voucher payment

FL Investor Climate

Landlord Friendly

8/10

State Income Tax

None

Property Tax

0.86% effective

Population Trend

+5.6% (3yr)

Best Zip Codes in Coconut Creek for Investors

33066
Cap Rate: 11.7%Cash Flow: +$884/mo$201,012
33073
Cap Rate: 4.9%Cash Flow: -$635/mo$520,136

All Zip Codes in Coconut Creek

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
3306611.7%+$884$201,012$2,730/mo1.83
330734.9%-$635$520,136$3,500/mo0.77