3061 SW 117th AveDavieFL33330
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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
Investment property for sale in Davie at 3061 SW 117th Ave, Davie, FL, 33330 listed at $1,850,000 pairs $8,480/mo rent with a $9,055/mo payment. Total monthly income runs $8,480/mo. Return on cash invested measures 12.77% in year one, and rental yield registers 5.5% at a $1,850,000 basis. Equity gained on principal adds $11,938/yr, and annual property appreciation at 5% supports $511,121 by year five. Five-year ROI tracks 65.05% and total cumulative return in cash totals $389,893. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $8,480/mo property income relative to a $9,055/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33330, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,798 (100%) |
| Owner Occupied HU | 4,405 (91.8%) |
| Renter Occupied HU | 304 ( 6.3%) |
| Vacant Housing Units | 89 ( 1.9%) |
| Median Home Value | $746,543 |
| Average Home Value | $844,149 |
Housing Distribution
Address Breakdown
Residential
4,776
Single Family
4,776
Multi-Family
0
Businesses
331
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