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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 5303 N Sterling Ranch Cir, Davie, FL, 33314 listed at $1,995,000 pairs $8,340/mo rent with a $9,765/mo payment. Total monthly income runs $8,340/mo. Return on cash invested measures 10.14% in year one, and rental yield registers 5.02% at a $1,995,000 basis. Equity gained on principal adds $12,873/yr, and annual property appreciation at 5% supports $551,182 by year five. Five-year ROI tracks 51.37% and total cumulative return in cash totals $332,025. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $8,340/mo property income relative to a $9,765/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2017
0.80 Acres lot
$N/A/sqft
$611 monthly HOA
Neighborhood data shown for ZIP Code: 33314, Fort Lauderdale, FL area.
| 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 |
Residential
11,668
Single Family
6,983
Multi-Family
4,685
Businesses
1,569
Date | Event | Price |
|---|---|---|
| 2024-07-26 | Price change | $1,995,000 |
| 2024-06-18 | Listed for sale | $2,100,000 |
| 2024-06-05 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-03 | $16085.31 | 6.31% | $852,550 | 3.00% |
| 2022-09-03 | $15131.18 | 1.08% | $827,720 | 3.00% |
| 2021-09-03 | $14969.77 | 0.46% | $803,620 | 1.40% |
Listed by: Tracey Douglas • Coldwell Banker Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11608262
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.
