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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 2801 SW 87th Ave APT 1005, Davie, FL, 33328 earns from $2,207/mo rent with a $1,610/mo payment. Total monthly income totals $2,207/mo. ROI tracks 11.68% on current figures, and rental yield reads 8.05% at a $329,000 purchase. Equity gained on principal adds $2,123/yr, and 5% annual appreciation supports $90,897 over five years. Five-year ROI reaches 62.36% and total cumulative return in cash sums $68,013. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,207/mo property income instead of your personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
$772 monthly HOA
Neighborhood data shown for ZIP Code: 33328, Fort Lauderdale, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,529 (100%) |
| Owner Occupied HU | 8,146 (77.4%) |
| Renter Occupied HU | 2,072 (19.7%) |
| Vacant Housing Units | 311 ( 3.0%) |
| Median Home Value | $612,809 |
| Average Home Value | $671,315 |
Residential
10,504
Single Family
8,704
Multi-Family
1,800
Businesses
780
Date | Event | Price |
|---|---|---|
| 2025-01-11 | Listed for sale | $329,000 |
| 1999-01-28 | Sold | $83,000 |
| 1983-03-01 | Sold | $49,436 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-14 | $1033.16 | 5.46% | $82,910 | 2.99% |
| 2023-02-14 | $979.71 | 7.17% | $80,500 | 2.99% |
| 2022-02-14 | $914.19 | 4.13% | $78,160 | 2.99% |
Listed by: Adriana Ayala • Partnership Realty Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11722515
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.
