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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 1021 SW 109th Way, Davie, FL, 33324 generates $5,246/mo in rent and, after a $3,010/mo payment, leaves $897/mo in cash flow. Total monthly income is $5,246/mo, and annual cash flow is $10,762/yr on $202,335 invested. Return on cash invested sits at 25.38% in year one, and rental yield is 10.24% on a $615,000 entry. Equity gained on principal adds $3,969/yr, while 5% annual appreciation builds toward $169,913 over five years. Five-year ROI reaches 133.31% and total cumulative return in cash sums $269,729. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,246/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
6,111 sqft lot
$N/A/sqft
$101 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 |
|---|---|---|
| 2025-09-11 | Sold | $615,000 |
| 2025-09-03 | Pending sale | $600,000 |
| 2025-08-15 | Listed for sale | $600,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-16 | $7481.11 | 2.11% | $380,690 | 3.00% |
| 2023-10-16 | $7326.20 | 6.92% | $369,610 | 3.22% |
| 2022-10-16 | $6852.07 | 3.26% | $358,080 | 3.00% |
Listed by: Beth Haiflich • United Realty Group Inc.
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10519200
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
