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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 2100 SW 92nd Ter UNIT 3104, Davie, FL, 33324 offers a 12.11% rental yield on a $299,000 purchase with $3,018/mo rent. Total monthly income registers $3,018/mo, and a $1,463/mo payment leaves $55/mo available for distribution. Annual cash flow reaches $663/yr on $99,119 to close, and return on cash invested stands at 20.58% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 111.34% and total cumulative return in cash at $110,362. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,018/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1984
N/A lot
$N/A/sqft
$750 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 |
|---|---|---|
| 2024-11-18 | Listed for sale | $299,000 |
| 2024-06-05 | Listing removed | $359,900 |
| 2024-03-29 | Price change | $359,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $5408.43 | 18.20% | $236,700 | 10.00% |
| 2022-12-26 | $4575.79 | 10.57% | $215,190 | 10.00% |
| 2021-12-26 | $4138.23 | 9.22% | $195,630 | 9.58% |
Listed by: Peter Wegmann • Wegmann Real Estate LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10472144
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
