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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% |
Investment property for sale in Davie at 1141 SW 109th Way, Davie, FL, 33324 offers a 8.93% rental yield on a $585,000 purchase with $4,355/mo rent. Total monthly income registers $4,355/mo, and a $2,863/mo payment leaves $363/mo available for distribution. Annual cash flow reaches $4,357/yr on $192,465 to close, and return on cash invested stands at 22.32% in year one. Equity gained on principal adds $3,775/yr while 5% annual appreciation supports $161,625 over five years. Portfolio math shows five-year ROI at 116.61% and total cumulative return in cash at $224,430. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,355/mo property income against a $2,863/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
4,006 sqft lot
$N/A/sqft
$110 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 |
|---|---|---|
| 2025-02-11 | Price change | $585,000 |
| 2025-01-09 | Listed for sale | $599,000 |
| 2025-01-03 | Listing removed | $4,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-14 | $3333.33 | 2.71% | $174,340 | 3.00% |
| 2023-02-14 | $3245.25 | 10.19% | $169,270 | 3.45% |
| 2022-02-14 | $2945.20 | 3.90% | $163,620 | 3.00% |
Listed by: Mohamed Sulaman • United Realty Group Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11720887
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
