6211 SW 37th St APT 212DavieFL33314
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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 6211 SW 37th St APT 212, Davie, FL, 33314 generates $2,308/mo in rent and, after a $808/mo payment, leaves $697/mo in cash flow. Total monthly income is $2,308/mo, and annual cash flow is $8,365/yr on $54,698 invested. Return on cash invested sits at 35.2% in year one, and rental yield is 16.79% on a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 189.62% and total cumulative return in cash sums $103,715. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,308/mo property income rather than buyer’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
$400 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: Juan Salas • GK Realty Group
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11866631
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.