








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 5510 W Castlegate Ave, Davie, FL, 33331 at $775,000 posts ROI 32.54% with $2,652/mo cash flow from $8,101/mo rent. Total monthly income equals $8,101/mo, and annual cash flow records $31,827/yr on $254,975 to close. Return on cash invested measures 32.54% and rental yield reads 12.54% at the current $775,000. Equity gained on principal adds $5,001/yr, and 5% annual appreciation supports $214,118 by year five. Five-year ROI prints 171.68% and total cumulative return in cash totals $437,743.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $8,101/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1989
0.72 Acres lot
$N/A/sqft
$300 annually 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 |
|---|---|---|
| 2025-08-15 | Sold | $775,000 |
| 2025-07-09 | Price change | $1,100,000 |
| 2025-06-11 | Price change | $1,200,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $10269.75 | -1.66% | $578,680 | 3.00% |
| 2023-10-22 | $10443.28 | 6.07% | $561,830 | 3.00% |
| 2022-10-22 | $9846.01 | 1.30% | $545,470 | 3.00% |



Listed by: Dave Robinson • Prime Asset Realty
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10503066
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