2196 SW 83rd AveDavieFL33324
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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 2196 SW 83rd Ave, Davie, FL, 33324 earns $144/mo cash flow from $1,869/mo rent with a $1,272/mo payment. Total monthly income totals $1,869/mo, and annual cash flow totals $1,732/yr on $86,157 capital. ROI tracks 21.92% on current figures, and rental yield reads 8.63% at a $259,900 purchase. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 over five years. Five-year ROI reaches 114.24% and total cumulative return in cash sums $98,422. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,869/mo property income instead of your personal income.
Manufactured
Built in 1972
4,399 sqft lot
$N/A/sqft
No 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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