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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 3212 Ridge Trce, Davie, FL, 33328 offers a 8.02% rental yield on a $949,000 purchase with $6,344/mo rent. Total monthly income registers $6,344/mo, and a $4,645/mo payment leaves $46/mo available for distribution. Annual cash flow reaches $554/yr on $312,221 to close, and return on cash invested stands at 20.24% in year one. Equity gained on principal adds $6,124/yr while 5% annual appreciation supports $262,191 over five years. Portfolio math shows five-year ROI at 105.17% and total cumulative return in cash at $328,368. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,344/mo property income against a $4,645/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
10,650 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Cami Perez • Home Sold Realty LLC
Mls Name: BeachesMLS
Mls ID: #F10528423
