4899 W Sterling Ranch CirDavieFL33314
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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
Rental property for sale in Davie at 4899 W Sterling Ranch Cir, Davie, FL, 33314 offers $8,100/mo rent that, after a $9,544/mo payment. Total monthly income is $8,100/mo. Return on cash invested measures 9.68% in year one, and rental yield stands at 4.98% at a $1,950,000 entry. Equity gained on principal adds $12,583/yr while 5% annual appreciation compounds into $538,749 by year five. Five-year ROI records 49.02% and total cumulative return in cash reaches $309,725. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $8,100/mo property income versus a $9,544/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
0.57 Acres lot
$N/A/sqft
$619 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33314, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,186 (100%) |
| Owner Occupied HU | 4,850 (36.8%) |
| Renter Occupied HU | 7,391 (56.1%) |
| Vacant Housing Units | 945 ( 7.2%) |
| Median Home Value | $469,161 |
| Average Home Value | $548,246 |
Housing Distribution
Address Breakdown
Residential
11,668
Single Family
6,983
Multi-Family
4,685
Businesses
1,569
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Listed by: Casey Prindle • Keller Williams Realty Jupiter
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10441659
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 2024 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.