1941 SW 85th TerDavieFL33324
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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
Investment Highlights
Investment property for sale in Davie at 1941 SW 85th Ter, Davie, FL, 33324 offers a 9.25% rental yield on a $155,000 purchase with $1,195/mo rent. Total monthly income registers $1,195/mo, and a $759/mo payment leaves $48/mo available for distribution. Annual cash flow reaches $576/yr on $51,383 to close, and return on cash invested stands at 21.03% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,824 over five years. Portfolio math shows five-year ROI at 110.54% and total cumulative return in cash at $56,800. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,195/mo property income against a $759/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1964
3,200 sqft lot
$N/A/sqft
$118 monthly HOA
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 |
Housing Distribution
Address Breakdown
Residential
23,679
Single Family
13,758
Multi-Family
9,921
Businesses
1,481
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Listed by: Sandra Nunez • Morgan Realty Group LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11740001
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.