Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Davie at 238 Magnolia Ave, Davie, FL, 33325 generates $4,345/mo in rent and, after a $2,095/mo payment, leaves $833/mo in cash flow. Total monthly income is $4,345/mo, and annual cash flow is $9,998/yr on $141,882 invested. Return on cash invested sits at 26.96% in year one, and rental yield is 12.18% on a $428,000 entry. Equity gained on principal adds $2,762/yr, while 5% annual appreciation builds toward $118,249 over five years. Five-year ROI reaches 143.29% and total cumulative return in cash sums $203,303. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,345/mo property income rather than buyer’s personal income.
Townhouse
Built in 1999
N/A lot
$N/A/sqft
$375 monthly HOA
Neighborhood data shown for ZIP Code: 33325, Fort Lauderdale, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,896 (100%) |
| Owner Occupied HU | 8,406 (77.1%) |
| Renter Occupied HU | 2,195 (20.1%) |
| Vacant Housing Units | 295 ( 2.7%) |
| Median Home Value | $538,793 |
| Average Home Value | $543,740 |
Residential
10,784
Single Family
8,985
Multi-Family
1,799
Businesses
416
Date | Event | Price |
|---|---|---|
| 2025-08-19 | Sold | $428,000 |
| 2025-07-03 | Price change | $499,500 |
| 2025-06-27 | Price change | $510,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-10 | $7367.38 | 2.01% | $339,980 | 3.00% |
| 2023-10-10 | $7222.43 | 6.38% | $330,080 | 3.00% |
| 2022-10-10 | $6788.98 | 2.95% | $320,470 | 3.00% |
Listed by: Carlos Schmidt • Eye Property Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11814902
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.
