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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 29 Matador Ln #4-20, Davie, FL, 33324 listed at $416,000 pairs $3,120/mo rent with a $2,036/mo payment. Total monthly income runs $3,120/mo. Return on cash invested measures 18.44% in year one, and rental yield registers 9% at a $416,000 basis. Equity gained on principal adds $2,684/yr, and annual property appreciation at 5% supports $114,933 by year five. Five-year ROI tracks 97.23% and total cumulative return in cash totals $134,087. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,120/mo property income relative to a $2,036/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1978
N/A lot
$N/A/sqft
$528 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 |
|---|---|---|
| 2024-03-27 | Listed for sale | $416,000 |
| 2017-12-07 | Sold | $190,000 |
| 2009-01-12 | Listing removed | $99,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-14 | $3409.15 | 1.49% | $180,060 | 3.00% |
| 2023-02-14 | $3359.21 | 9.37% | $174,820 | 3.00% |
| 2022-02-14 | $3071.54 | 3.91% | $169,730 | 3.00% |
Listed by: Jovanny Garcia • Modern World Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11557537
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.
