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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 9430 Oak Grove Cir, Davie, FL, 33328 generates $14,880/mo in rent and, after a $3,597/mo payment, leaves $9,815/mo in cash flow. Total monthly income is $14,880/mo, and annual cash flow is $117,778/yr on $241,815 invested. Return on cash invested sits at 68.77% in year one, and rental yield is 24.29% on a $735,000 entry. Equity gained on principal adds $4,743/yr, while 5% annual appreciation builds toward $203,067 over five years. Five-year ROI reaches 365.73% and total cumulative return in cash sums $884,388. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $14,880/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
7,760 sqft lot
$N/A/sqft
$188 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 |
|---|---|---|
| 2024-12-21 | Listed for sale | $735,000 |
| 2024-10-28 | Contingent | $735,000 |
| 2024-10-07 | Listed for sale | $735,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-25 | $5761.85 | 7.64% | $313,610 | 3.00% |
| 2022-12-25 | $5352.94 | 3.61% | $304,480 | 3.00% |
| 2021-12-25 | $5166.46 | 0.73% | $295,620 | 1.40% |
Listed by: Nikki Jarema • United Realty Group Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11672610
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.
