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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 2308 SW 83rd Ave, Davie, FL, 33324 uses $86,190 cash to close to unlock $15,062/yr annual cash flow and $1,255/mo monthly cash flow. Total monthly income runs $3,120/mo, and a $1,273/mo payment keeps the spread at $1,255/mo. Purchase price stands at $260,000, and rental yield measures 14.4% with $3,120/mo rent. Return on cash invested shows 37.38% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 197.88% and total cumulative return in cash records $170,549. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,120/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Manufactured
Built in 1973
4,400 sqft lot
$N/A/sqft
$139 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 |
|---|---|---|
| 2024-09-09 | Price change | $260,000 |
| 2024-06-17 | Listed for sale | $269,900 |
| 2021-06-01 | Sold | $181,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $2048.48 | 7.73% | $120,090 | 2.99% |
| 2022-12-26 | $1901.51 | 65.48% | $116,600 | 57.76% |
| 2021-12-26 | $1149.08 | 33.03% | $73,910 | 1.40% |
Listed by: Mary Gallo • Canvas Real Estate
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11603881
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.
