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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 5340 Lancelot Ln, Davie, FL, 33331 offers a 6.44% rental yield on a $850,000 purchase with $4,560/mo rent. 42% in year one. Equity gained on principal adds $5,485/yr while 5% annual appreciation supports $234,839 over five years. Portfolio math shows five-year ROI at 79.35% and total cumulative return in cash at $221,914. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,560/mo property income against a $4,160/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33331, Fort Lauderdale, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,787 (100%) |
| Owner Occupied HU | 6,485 (83.3%) |
| Renter Occupied HU | 1,144 (14.7%) |
| Vacant Housing Units | 158 ( 2.0%) |
| Median Home Value | $691,542 |
| Average Home Value | $796,222 |
Residential
7,797
Single Family
6,970
Multi-Family
827
Businesses
413
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: Jessica Issa • Real Estate Center of West Palm Beach
Mls Name: MIAMI
Mls ID: #A11892324
