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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 2900 SW 85th Way, Davie, FL, 33328 offers a 5.15% rental yield on a $850,000 purchase with $3,648/mo rent. 96% in year one. Equity gained on principal adds $5,485/yr while 5% annual appreciation supports $234,839 over five years. Portfolio math shows five-year ROI at 55.62% and total cumulative return in cash at $155,542. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,648/mo property income against a $4,160/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
9,673 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-03-23 | Listed for sale | $850,000 |
| 2019-06-07 | Sold | $460,000 |
| 2019-05-01 | Pending sale | $474,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-23 | $9101.28 | 2.12% | $460,360 | 3.00% |
| 2023-03-23 | $8912.51 | 6.24% | $446,960 | 3.00% |
| 2022-03-23 | $8388.98 | 3.12% | $433,950 | 3.00% |
Listed by: Patricia Barney • United Realty Group Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11769052
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.
