2321 SW 87th Ter, Davie, FL, 33324 | $169/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2321 SW 87th Ter, Davie, FL, 33324 | $169/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

Rental property for sale in Davie at 2321 SW 87th Ter, Davie, FL, 33324 generates $1,284/mo in rent and, after a $822/mo payment, leaves $169/mo in cash flow. Total monthly income is $1,284/mo, and annual cash flow is $2,033/yr on $55,692 invested. Return on cash invested sits at 23.56% in year one, and rental yield is 9.17% on a $168,000 entry. Equity gained on principal adds $1,084/yr, while 5% annual appreciation builds toward $46,415 over five years. Five-year ROI reaches 123.04% and total cumulative return in cash sums $68,525. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,284/mo property income rather than buyer’s personal income.

Manufactured

Built in 1964

3,201 sqft lot

$N/A/sqft

No HOA

More details about the property

New 2nd master bedroom in front has a private entrance door & a sliding door to main house. The large bedroom has a new bathroom with state-of-the-art intelligent bidet attachment with remote control and adjustable temperature settings for personal comfort. The new shower has beautiful porcelain walls from floor to ceiling, a rainfall shower, spray hose and niche for storage. Wide pocket door for wheelchair access. New barndoor vanity with LED lights, GFI outlet and USB. Deep lot has shed with electricity & light. Room 4 pool & additional bedroom behind main house. The kitchen has a pass-through to dining room but can be opened up to dining room or closed off to make 3rd bedroom. 1st master bedroom is large, has 2 closets & built-in dresser drawers, freshly painted & clean. Move-in ready.

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