940 Blue Ridge WayDavieFL33325
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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
Investment property for sale in Davie at 940 Blue Ridge Way, Davie, FL, 33325 earns $1,153/mo cash flow from $5,854/mo rent with a $3,426/mo payment. Total monthly income totals $5,854/mo, and annual cash flow totals $13,835/yr on $230,284 capital. ROI tracks 26.07% on current figures, and rental yield reads 10.04% at a $699,950 purchase. Equity gained on principal adds $4,517/yr, and 5% annual appreciation supports $193,383 over five years. Five-year ROI reaches 136.53% and total cumulative return in cash sums $314,400. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,854/mo property income instead of your personal income.
Single Family
Built in 1988
9,997 sqft lot
$N/A/sqft
$56 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33325, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,896 (100%) |
| Owner Occupied HU | 8,406 (77.1%) |
| Renter Occupied HU | 2,195 (20.1%) |
| Vacant Housing Units | 295 ( 2.7%) |
| Median Home Value | $538,793 |
| Average Home Value | $543,740 |
Housing Distribution
Address Breakdown
Residential
10,784
Single Family
8,985
Multi-Family
1,799
Businesses
416
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Listed by: Teri Arbogast • LoKation
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11772673
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.