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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 8523 Old Country Mnr APT 514, Davie, FL, 33328 offers a 12.86% rental yield on a $260,000 purchase with $2,786/mo rent. Total monthly income registers $2,786/mo, and a $1,273/mo payment leaves $483/mo available for distribution. Annual cash flow reaches $5,799/yr on $86,190 to close, and return on cash invested stands at 26.64% in year one. Equity gained on principal adds $1,678/yr while 5% annual appreciation supports $71,833 over five years. Portfolio math shows five-year ROI at 142.46% and total cumulative return in cash at $122,789. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,786/mo property income against a $1,273/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1976
N/A lot
$N/A/sqft
$367 monthly HOA
Neighborhood data shown for ZIP Code: 33328, Fort Lauderdale, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,529 (100%) |
| Owner Occupied HU | 8,146 (77.4%) |
| Renter Occupied HU | 2,072 (19.7%) |
| Vacant Housing Units | 311 ( 3.0%) |
| Median Home Value | $612,809 |
| Average Home Value | $671,315 |
Residential
10,504
Single Family
8,704
Multi-Family
1,800
Businesses
780
Date | Event | Price |
|---|---|---|
| 2025-07-28 | Sold | $260,000 |
| 2025-06-09 | Listed for sale | $269,000 |
| 2018-09-04 | Sold | $49,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-18 | $4833.81 | 465.72% | $240,280 | 283.53% |
| 2023-10-18 | $854.45 | 16.04% | $62,650 | 2.99% |
| 2022-10-18 | $736.32 | -0.23% | $60,830 | 3.00% |
Listed by: Eric Beane • Keller Williams Dedicated Professionals
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11817389
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.
