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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 1482 SW 97th Ln, Davie, FL, 33324 offers a 5.86% rental yield on a $860,000 purchase with $4,200/mo rent. 54% in year one. Equity gained on principal adds $5,549/yr while 5% annual appreciation supports $237,602 over five years. Portfolio math shows five-year ROI at 64.31% and total cumulative return in cash at $181,961. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,200/mo property income against a $4,209/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
7,500 sqft lot
$N/A/sqft
$45 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 |
|---|---|---|
| 2025-01-26 | Listed for sale | $860,000 |
| 2020-11-10 | Sold | $402,500 |
| 2020-10-09 | Pending sale | $459,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-14 | $10306.15 | 1.57% | $409,020 | 3.00% |
| 2023-02-14 | $10146.64 | 36.93% | $397,110 | 3.00% |
| 2022-02-14 | $7410.24 | 3.16% | $385,550 | 3.00% |
Listed by: Fernando Maceda • United Realty Group Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11732056
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.
