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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Davie at 10111 SW 16th Ct, Davie, FL, 33324 generates $5,640/mo in rent and, after a $3,690/mo payment, leaves $431/mo in cash flow. Total monthly income is $5,640/mo, and annual cash flow is $5,175/yr on $248,066 invested. Return on cash invested sits at 22.15% in year one, and rental yield is 8.98% on a $754,000 entry. Equity gained on principal adds $4,865/yr, while 5% annual appreciation builds toward $208,316 over five years. Five-year ROI reaches 115.76% and total cumulative return in cash sums $287,173. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,640/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
6,730 sqft lot
$N/A/sqft
$83 monthly HOA
Neighborhood data shown for ZIP Code: 33324, Fort Lauderdale, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,031 (100%) |
| Owner Occupied HU | 11,966 (49.8%) |
| Renter Occupied HU | 10,499 (43.7%) |
| Vacant Housing Units | 1,566 ( 6.5%) |
| Median Home Value | $461,489 |
| Average Home Value | $552,528 |
Residential
23,679
Single Family
13,758
Multi-Family
9,921
Businesses
1,481
Date | Event | Price |
|---|---|---|
| 2025-08-22 | Listing removed | $4,600 |
| 2025-08-21 | Listing removed | $729,900 |
| 2025-08-16 | Price change | $729,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $8177.58 | 2.09% | $415,600 | 3.00% |
| 2023-10-24 | $8009.80 | 6.50% | $403,500 | 3.00% |
| 2022-10-24 | $7521.25 | 3.17% | $391,750 | 3.00% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
