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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% |
Rental property for sale in Davie at 2970 Myrtle Oak Cir, Davie, FL, 33328 generates $3,666/mo in rent, after a $2,814/mo payment. Total monthly income is $3,666/mo. Return on cash invested sits at 17.7% in year one, and rental yield is 7.65% on a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 92.09% and total cumulative return in cash sums $174,215. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,666/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
4,775 sqft lot
$N/A/sqft
$222 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 |
|---|---|---|
| 2025-05-31 | Listed for sale | $575,000 |
| 2023-04-28 | Sold | $512,500 |
| 2023-02-11 | Pending sale | $525,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-01 | $4669.38 | -15.40% | $240,760 | -14.29% |
| 2023-06-01 | $5519.26 | 7.45% | $280,900 | 3.00% |
| 2022-06-01 | $5136.78 | 3.37% | $272,720 | 3.00% |
Listed by: Carmen R Rodriguez • RE/MAX Select Group
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10506421
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
