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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 3668 E Forge Rd UNIT 4, Davie, FL, 33328 offers a 9.15% rental yield on a $449,999 purchase with $3,430/mo rent. Total monthly income registers $3,430/mo, and a $2,203/mo payment leaves $303/mo available for distribution. Annual cash flow reaches $3,639/yr on $149,175 to close, and return on cash invested stands at 22.35% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,326 over five years. Portfolio math shows five-year ROI at 116.94% and total cumulative return in cash at $174,437. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,430/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1977
N/A lot
$N/A/sqft
$140 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 |
|---|---|---|
| 2025-01-24 | Price change | $449,999 |
| 2024-12-11 | Listed for sale | $465,000 |
| 2012-09-05 | Sold | $120,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-14 | $2265.35 | 1.83% | $127,570 | 3.00% |
| 2023-02-14 | $2224.61 | 12.70% | $123,860 | 2.99% |
| 2022-02-14 | $1973.91 | 3.18% | $120,260 | 3.00% |
Listed by: Stephen K Hachey • Flat Fee MLS Realty
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10473983
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.
