12850 State Highway 84 Paradise Vlg #19APL, Davie, FL, 33325 | $853/mo Cash Flow

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12850 State Highway 84 Paradise Vlg #19APL, Davie, FL, 33325 | $853/mo Cash Flow | Ziffy

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Davie at 12850 State Highway 84 Paradise Vlg #19APL, Davie, FL, 33325 generates $2,777/mo in rent and, after a $587/mo payment, leaves $853/mo in cash flow. Total monthly income is $2,777/mo, and annual cash flow is $10,238/yr on $39,747 invested. Return on cash invested sits at 45.67% in year one, and rental yield is 27.79% on a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 254.03% and total cumulative return in cash sums $100,968. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,777/mo property income rather than buyer’s personal income.

Manufactured

Built in 2007

4,500 sqft lot

$N/A/sqft

$1,128 monthly HOA

More details about the property

**HOME IS IN LAND LEASE COMMUNITY. NO REALTORS PLEASE.** ---------------------------------------------------------------------------------------------------------- 'Tropical Sunrise' is a beautifully remodeled two-bedroom, two-bath lakeside retreat, ideally positioned on a desirable corner lot across from the lake and close to the community's recreational amenities. Surrounded by lush tropical foliage, this home offers breathtaking lake views from every west-facing window, including the full-length front porch, making it the perfect spot to enjoy the shimmering water and beautiful sunsets. The front porch invites you to relax and soak up the South Florida ambiance. Inside, the bright, spacious living room welcomes you with an inviting open layout. A chandelier fan enhances airflow, adding to the comfort of the space. The adjacent dining area is bathed in natural light from three large windows, creating a warm and welcoming atmosphere. The recently remodeled kitchen is a chefs dream, featuring new stainless steel appliances, ample storage, and an L-shaped two-tier center island that doubles as a breakfast bar with space for stools along the overhang. A small window above the kitchen sink frames an inviting outdoor view. Behind the kitchen, a utility room provides space for a full-sized washer and dryer, both included with the home. The master bedroom features a very stylish, fully remodeled ensuite bath, complete with a separate private commode area for added privacy and comfort. Both bedrooms enjoy gorgeous lake views and include mini-blind-treated windows that provide natural light while allowing for privacy when desired. This move-in-ready home is enhanced with recent updates: a brand new roof installed in November 2024, updated air conditioning, and water heater. Honey-colored hardwood laminate flooring runs throughout the home, creating a warm, cohesive look in every room. Like all homes in this lakeside community, Tropical Sunrise includes central air and heat, off-street covered parking, a private outdoor storage shed, professional landscaping with a sprinkler system, and access to extensive community amenities, including a heated pool complex, new fitness center, tennis and basketball courts, clubhouse, sauna, relaxation room, lake recreation, and more. To schedule a tour of this fully remodeled, move-in-ready home, contact Liz at (954) 871-2124. Ask for "Tropical Sunrise," #19A-PL. **HOME IS IN LAND LEASE COMMUNITY. NO REALTORS PLEASE.**

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