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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 640 Fairfax Ave, Davie, FL, 33325 with 5% annual appreciation on a $675,000 basis while $3,488/mo rent supports operations. 4% in year one. Equity gained on principal adds $4,356/yr, and five-year appreciation sums $186,490 alongside rental yield of 6.2%. Five-year ROI measures 73.97% and total cumulative return in cash totals $164,271. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,488/mo property income versus a $3,304/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1989
7,650 sqft lot
$N/A/sqft
$56 monthly HOA
Neighborhood data shown for ZIP Code: 33325, Fort Lauderdale, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,896 (100%) |
| Owner Occupied HU | 8,406 (77.1%) |
| Renter Occupied HU | 2,195 (20.1%) |
| Vacant Housing Units | 295 ( 2.7%) |
| Median Home Value | $538,793 |
| Average Home Value | $543,740 |
Residential
10,784
Single Family
8,985
Multi-Family
1,799
Businesses
416
Date | Event | Price |
|---|---|---|
| 2025-08-30 | Listed for sale | $675,000 |
| 2025-08-30 | Listing removed | $675,000 |
| 2025-07-04 | Price change | $675,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-31 | $3942.09 | 2.73% | $214,350 | 3.00% |
| 2023-08-31 | $3837.22 | 6.25% | $208,110 | 3.00% |
| 2022-08-31 | $3611.45 | 3.73% | $202,050 | 3.00% |
Listed by: Ron Haibi • Bridgestone Realty LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11869488
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.
