12850 State Highway 84 Paradise Vlg #17CPLDavieFL33325
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowAt 1.88, 12850 State Highway 84 Paradise Vlg #17CPL, Davie, FL, 33325 in Davie sits at the top of Ziffy Mortgage's DSCR coverage band, a significant advantage for non-U.S. buyers closing without domestic income documentation. Rental yield 10.12%. The 10.12% yield is backed by 5% annual appreciation projecting $32,574 in value gain, plus $1,086/yr in principal reduction.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 6.0% |
| Monthly Cash Flow | $(943) | $1,500 |
City averages based on Davie market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $994 |
| Total Monthly Debt Service | $1,890 |
| DSCR Ratio | 0.53x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2012
4,500 sqft lot
$N/A/sqft
$1,155 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33325, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,896 (100%) |
| Owner Occupied HU | 8,406 (77.1%) |
| Renter Occupied HU | 2,195 (20.1%) |
| Vacant Housing Units | 295 ( 2.7%) |
| Median Home Value | $538,793 |
| Average Home Value | $543,740 |
Housing Distribution
Address Breakdown
Residential
10,784
Single Family
8,985
Multi-Family
1,799
Businesses
416
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Manufactured
Built in 2012
4,500 sqft lot
$N/A/sqft
$1,155 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33325, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,896 (100%) |
| Owner Occupied HU | 8,406 (77.1%) |
| Renter Occupied HU | 2,195 (20.1%) |
| Vacant Housing Units | 295 ( 2.7%) |
| Median Home Value | $538,793 |
| Average Home Value | $543,740 |
Housing Distribution
Address Breakdown
Residential
10,784
Single Family
8,985
Multi-Family
1,799
Businesses
416
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices