1306 SW 118th TerDavieFL33325
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
Investment Highlights
Investment property for sale in Davie at 1306 SW 118th Ter, Davie, FL, 33325 uses $138,899 cash to close to unlock $10,445/yr annual cash flow and $870/mo monthly cash flow. Total monthly income runs $4,162/mo, and a $2,051/mo payment keeps the spread at $870/mo. Purchase price stands at $419,000, and rental yield measures 11.92% with $4,162/mo rent. Return on cash invested shows 27.43% in year one, and 5% annual appreciation builds toward $115,762 over five years. Five-year ROI reaches 145.36% and total cumulative return in cash records $201,905. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,162/mo property income covering a $2,051/mo payment rather than investor’s personal income.
Townhouse
Built in 1985
N/A lot
$N/A/sqft
$367 monthly HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2025-08-25 | Listed for sale | $419,000 |
| 2025-08-25 | Listing removed | $440,000 |
| 2025-05-12 | Price change | $440,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-26 | $5457.16 | 2.29% | $280,300 | 3.00% |
| 2023-08-26 | $5334.96 | 5.31% | $272,140 | 3.00% |
| 2022-08-26 | $5065.73 | 9.57% | $264,220 | 6.59% |
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: Townhouse
- Year Built: 1985
- Architectural Style: N/A
- Building Area: 1,654
- Living Area: 1,654 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central
- Cooling: Central Air
- Flooring: Ceramic Tile
- Interior Features: Built-in Features, Pantry, Split Bedroom, Walk-In Closet(s)
- Exterior Features: Courtyard
- Parking Features: 2 Or More Spaces, Guest
Location
HOA & Fees
- HOA Fee: $367 monthly
- Association Fee: $367 monthly
- Fees & Dues: N/A
- Association Amenities: Barbecue, Playground, Pool
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: Fox Trail
- Middle School: Indian Ridge
- High School: Western
Listed by: Eric Arbogast • LoKation
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11865176
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.