8517 SW 16th Pl, Davie, FL, 33324 | $188/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

8517 SW 16th Pl, Davie, FL, 33324 | $188/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1193 sft

500 SW 130th Ter APT 407A, Pembroke Pines, FL, 33027

2 Bed
2 Bath
1310 sft

1100 Saint Charles Pl APT 617, Pembroke Pines, FL, 33026

2 Bed
2 Bath
1260 sft

1200 Saint Charles Pl #L-19, Pembroke Pines, FL, 33026

1 Bed
2 Bath
1045 sft

1110 SW 125th Ave APT 112M, Hollywood, FL, 33027

Nearby investment properties with comparable prices

1 Bed
2 Bath
1150 sft

5100 SW 90th Ave #109, Fort Lauderdale, FL, 33328

2 Bed
2 Bath
980 sft

9440 Bldg A Poinciana Pl UNIT 211, Fort Lauderdale, FL, 33324

3 Bed
2 Bath
956 sft

8700 SW 21st St, Fort Lauderdale, FL, 33324

2 Bed
2 Bath
852 sft

1101 Colony Point Cir APT 207, Pembroke Pines, FL, 33026

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Davie at 8517 SW 16th Pl, Davie, FL, 33324 uses $66,267 cash to close to unlock $2,254/yr annual cash flow and $188/mo monthly cash flow. Total monthly income runs $1,514/mo, and a $978/mo payment keeps the spread at $188/mo. Purchase price stands at $199,900, and rental yield measures 9.09% with $1,514/mo rent. Return on cash invested shows 23.31% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 121.67% and total cumulative return in cash records $80,629. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,514/mo property income covering a $978/mo payment rather than investor’s personal income.

Manufactured

Built in 1982

2,731 sqft lot

$N/A/sqft

No HOA

More details about the property

Immaculately kept 2 bed, 2 bath mobile home in 55+ Park City Estates. Upgrades include spacious bedrooms, pristine kitchen and bathrooms, with wood and tile flooring throughout. Enjoy large walk-in closets, a concrete driveway, and a back deck perfect for outdoor living. Low HOA makes this gem even more appealing. Come see this special home and make it yours today.

Neighborhood Data

Neighborhood data shown for ZIP Code: 33324, Fort Lauderdale, FL area.

Housing Distribution

Housing Statistics

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