6220 SW 56th StDavieFL33314
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 6220 SW 56th St, Davie, FL, 33314 in Davie speaks for itself: 11.19% gross on a $1,299,900 price, generating $12,116/mo in rent and $3,340/mo in net income after the $5,845/mo debt service. DSCR 2.07, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $40,081 stacks alongside $359,138 in projected five-year appreciation and $11,972/yr in principal reduction. Projected total cumulative return: $711,025.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 6.0% |
| Monthly Cash Flow | $3,340 | $1,500 |
City averages based on Davie market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $12,116 |
| Total Monthly Debt Service | $8,259 |
| DSCR Ratio | 1.47x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2002
0.40 Acres lot
$N/A/sqft
$1,800 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2002
0.40 Acres lot
$N/A/sqft
$1,800 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices