1502 Whitehall Dr APT 305, Davie, FL, 33324 | $806/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1502 Whitehall Dr APT 305, Davie, FL, 33324 | $806/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

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

Investment property for sale in Davie at 1502 Whitehall Dr APT 305, Davie, FL, 33324 offers a 11.08% rental yield on a $310,000 purchase with $2,863/mo rent. Total monthly income registers $2,863/mo, and a $1,517/mo payment leaves $806/mo available for distribution. Annual cash flow reaches $9,673/yr on $102,765 to close, and return on cash invested stands at 29.32% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,647 over five years. Portfolio math shows five-year ROI at 153.94% and total cumulative return in cash at $158,191. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,863/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1983

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to Whitehall I in Pine Island Ridge! This beautifully maintained 2-bedroom, 2-bath condo offers 1,385 sq. ft. of luxury living with stunning golf course views. The versatile room off the laundry area is perfect for an office, den, or even a 3rd bedroomfits a double bed and nightstand! Features include IMPACT WINDOWS, steel front door, full-size washer & dryer, new hot water heater (2023), and A/C (2014). Enjoy the peace and security of this all-age, private country club community where ownership includes access to two restaurants, a fitness center, heated pool, tennis courts, and an 18-hole championship golf courseall set in a lush, park-like environment. Top-rated schools nearby: Fox Trail, Indian Ridge & Western High! Pine Island Ridge offers the best of Davie livingcentrally located and walking distance to Publix, shops, banks, and restaurants. No leasing for the first 2 years of ownership. Experience resort-style living every day in one of Davies most sought-after communities! Owner will pay one quarter of Condo Fees with acceptable offer!

Neighborhood Data

Neighborhood data shown for ZIP Code: 33324, Fort Lauderdale, FL area.

Housing Distribution

Housing Statistics

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