2928 Oak Park CirDavieFL33328
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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
Investment Highlights
Rental property for sale in Davie at 2928 Oak Park Cir, Davie, FL, 33328 priced at $745,000 pairs $6,724/mo rent with $1,555/mo cash flow after a $3,646/mo payment. Total monthly income equals $6,724/mo, and annual cash flow comes to $18,666/yr on $245,105 invested. Return on cash invested is 27.68% in year one, and rental yield stands at 10.83% on a $745,000 basis. Equity gained on principal adds $4,807/yr, and 5% annual appreciation accumulates to $205,830 by year five. Five-year ROI measures 145.45% and total cumulative return in cash reaches $356,504. For financing, Ziffy Mortgage’s DSCR program evaluates $6,724/mo property income against a $3,646/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
5,274 sqft lot
$N/A/sqft
$225 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33328, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
10,504
Single Family
8,704
Multi-Family
1,800
Businesses
780
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Listed by: Patty Accorto • Keller Williams Central
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11734900
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.