6550 SW 56th StDavieFL33314
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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 6550 SW 56th St, Davie, FL, 33314 generates $5,525/mo in rent and, after a $2,633/mo payment, leaves $1,641/mo in cash flow. Total monthly income is $5,525/mo, and annual cash flow is $19,688/yr on $177,002 invested. Return on cash invested sits at 31.18% in year one, and rental yield is 12.32% on a $538,000 entry. Equity gained on principal adds $3,472/yr, while 5% annual appreciation builds toward $148,639 over five years. Five-year ROI reaches 164.63% and total cumulative return in cash sums $291,406. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,525/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
0.32 Acres lot
$N/A/sqft
No 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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