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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 3100 W Rolling Hills Cir #407, Davie, FL, 33328 generates $2,670/mo in rent and, after a $1,366/mo payment, leaves $15/mo in cash flow. Total monthly income is $2,670/mo, and annual cash flow is $176/yr on $92,489 invested. Return on cash invested sits at 20.1% in year one, and rental yield is 11.48% on a $279,000 entry. Equity gained on principal adds $1,800/yr, while 5% annual appreciation builds toward $77,083 over five years. Five-year ROI reaches 108.23% and total cumulative return in cash sums $100,099. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,670/mo property income rather than buyer’s personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
$613 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 |
|---|---|---|
| 2024-12-06 | Listed for sale | $279,000 |
| 2018-09-12 | Listing removed | $1,500 |
| 2018-09-10 | Price change | $1,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-14 | $4767.34 | 8.11% | $214,300 | 10.00% |
| 2023-02-14 | $4409.65 | 15.54% | $194,820 | 10.00% |
| 2022-02-14 | $3816.56 | 10.87% | $177,110 | 10.00% |
Listed by: Michael Donaldson • LoKation
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11705417
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.
