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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 6101 Falconsgate Ave, Davie, FL, 33331 offers a 9.47% rental yield on a $849,000 purchase with $6,701/mo rent. Total monthly income registers $6,701/mo, and a $4,155/mo payment leaves $1,036/mo available for distribution. Annual cash flow reaches $12,433/yr on $279,321 to close, and return on cash invested stands at 24.51% in year one. Equity gained on principal adds $5,478/yr while 5% annual appreciation supports $234,563 over five years. Portfolio math shows five-year ROI at 128.14% and total cumulative return in cash at $357,932. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,701/mo property income against a $4,155/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
0.26 Acres lot
$N/A/sqft
$375 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 |
|---|---|---|
| 2024-11-30 | Listed for sale | $849,000 |
| 2024-07-13 | Listing removed | N/A |
| 2024-03-12 | Listed for sale | $889,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-14 | $6152.03 | 2.13% | $243,570 | 3.00% |
| 2023-02-14 | $6023.72 | 5.00% | $236,480 | 3.00% |
| 2022-02-14 | $5737.00 | 45.77% | $229,600 | 3.00% |
Listed by: Ruth Conrad • Ruth E. Conrad Broker
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11699178
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.
