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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 8141 SW 24th Ct APT 306, Davie, FL, 33324 offers a 11.92% rental yield on a $249,900 purchase with $2,483/mo rent. Total monthly income registers $2,483/mo, and a $1,223/mo payment leaves $156/mo available for distribution. Annual cash flow reaches $1,870/yr on $82,842 to close, and return on cash invested stands at 22.17% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 119.04% and total cumulative return in cash at $98,618. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,483/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1973
N/A lot
$N/A/sqft
$515 monthly HOA
Neighborhood data shown for ZIP Code: 33324, Fort Lauderdale, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,031 (100%) |
| Owner Occupied HU | 11,966 (49.8%) |
| Renter Occupied HU | 10,499 (43.7%) |
| Vacant Housing Units | 1,566 ( 6.5%) |
| Median Home Value | $461,489 |
| Average Home Value | $552,528 |
Residential
23,679
Single Family
13,758
Multi-Family
9,921
Businesses
1,481
Date | Event | Price |
|---|---|---|
| 2025-01-09 | Listed for sale | $249,900 |
| 2023-11-23 | Listing removed | N/A |
| 2023-11-22 | Listed for rent | $1,950 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-14 | $4072.01 | 8.70% | $179,160 | 10.00% |
| 2023-02-14 | $3746.10 | 16.40% | $162,880 | 9.99% |
| 2022-02-14 | $3218.23 | 10.52% | $148,080 | 10.00% |
Listed by: Tamara Massey-Lowe • Beachfront Realty Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11720951
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.
