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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% |
Rental property for sale in Davie at 7175 Nova Dr APT 201, Davie, FL, 33317 generates $3,638/mo in rent and, after a $1,855/mo payment, leaves $210/mo in cash flow. Total monthly income is $3,638/mo, and annual cash flow is $2,522/yr on $125,639 invested. Return on cash invested sits at 21.92% in year one, and rental yield is 11.52% on a $379,000 entry. Equity gained on principal adds $2,446/yr, while 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 117.38% and total cumulative return in cash sums $147,479. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,638/mo property income rather than buyer’s personal income.
Townhouse
Built in 1977
N/A lot
$N/A/sqft
$668 monthly HOA
Neighborhood data shown for ZIP Code: 33317, Fort Lauderdale, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,833 (100%) |
| Owner Occupied HU | 9,685 (70.0%) |
| Renter Occupied HU | 3,561 (25.7%) |
| Vacant Housing Units | 587 ( 4.2%) |
| Median Home Value | $510,767 |
| Average Home Value | $531,472 |
Residential
13,542
Single Family
10,842
Multi-Family
2,700
Businesses
1,119
Date | Event | Price |
|---|---|---|
| 2024-12-21 | Listed for sale | $379,000 |
| 2024-10-22 | Sold | $290,000 |
| 2024-07-25 | Listed for sale | $345,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-14 | $6309.39 | 3.41% | $282,230 | 5.36% |
| 2023-02-14 | $6101.39 | 31.15% | $267,860 | 29.90% |
| 2022-02-14 | $4652.25 | 7.16% | $206,200 | 9.48% |
Listed by: Giovana Prada • One Stop Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11706242
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.
